“…There are numerous applications for cobalt in the metallurgical, petroleum, chemical, electronic, pharmaceutical, and medical industries because of its unique chemical and physical properties. Cobalt is commonly used in the metallurgical industry to produce alloy metals for gas turbines, nuclear power plants, engine vanes, automotive engines, engine valves, aviation fuel nozzles, and cutting wear-resistant tools [3]- [5], magnetic materials such as Alnico and Samarium cobalt [6]- [8], the catalyst for sulfur removal and oil hydrogenation processes [9]- [11], drying materials for paint, promoters for the polymerization process [12], pigment materials [13]- [14], raw materials for rechargeable batteries [15], Fuel Cell Cathode materials [16], and implant materials for heap joints, dentist, cardiovascular stent [17]- [21]. Cobalt has a broad spectrum application in many industries; therefore cobalt consumption in the world tends to increase [22].…”