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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 2 Scenario definition for cobalt supply

From: Matching global cobalt demand under different scenarios for co-production and mining attractiveness

Number

Sub

Description

1

a) Cobalt is only extracted as by-product (is not included in the optimization routine)

Mining risk is different in each regions

b) Cobalt needs to be supplied (is included in optimization routine and global extraction of cobalt shall equal global cobalt demand)

2

a) Cobalt is only extracted as by-product (is not included in the optimization routine)

Mining risk is the same in all regions

b) Cobalt needs to be supplied (is included in optimization routine and global extraction of cobalt shall equal global cobalt demand)

3

a) Cobalt is only extracted as by-product (is not included in the optimization routine)

Mining risk in RoW Africa is set to 100 during 2020–2035 and ramp-down of capacity from capacity 2020 to 5 % of capacity 2020 over 2023 until 2029 and ramp-up back to 80 % of 2020 capacity in 2035

b) Cobalt needs to be supplied (is included in optimization routine and global extraction of cobalt shall equal global cobalt demand)

4

a) Copper demand is reduced by 20 % in 2050

Primary copper demand is modified in the A matrix (cobalt is considered by-product only and mining risk differs in each regions)

b) Copper demand is increased by 20 % in 2050

5

a) Growth rate is slowed down by 20 % in 2050

GDP growth is ‘slowed down’ or ‘speed up’ (cobalt is considered by-product only and mining risk differs in each regions)

b) Growth rate is speed up by 20 % in 2050