Plans for cobalt refinery in Kola Peninsula
Russian mining and metallurgy giant Norilsk Nickel has revived plans for the construction of a refinery for production of high-purity cobalt metal.
“A project to build cobalt refining facilities in the Kola Peninsula is in the approval phase,” a Norilsk spokeswoman said to Reuters. She declined to provide more details, including the proposed capacity, construction site or commissioning date of the refinery. Norilsk is among the world’s largest producers of cobalt, a metal used in industrial and military applications, the chemical industry and the production of superalloys for aerospace and cutting tools. Norilsk produces cobalt as a by-product of its nickel and copper mining.
