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The most resistant metal in the world - a chromium-cobalt-nickel alloy


Von Swiss Resource Capital AG

Extremely stable metal products are required in space travel or for the transport of hydrogen.

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Researchers at two U.S. research laboratories have discovered the most resistant material on earth. The alloy of chromium, nickel and cobalt becomes more crack-resistant and stronger when cooled, even at 253 degrees below zero. In contrast, the brittleness of other metals increases with increasing cold. This is due to the special crystal structure of the alloy. The bonds between the atoms should withstand pressure as much as possible, which the chromium-cobalt-nickel alloy does very well. It remains extremely hard and does not become brittle. That's good news, because in space, for example, the temperature is as low as 270 degrees below zero, which poses great challenges for the materials. Liquid hydrogen, which will become more important in the course of climate change, also has to be cooled down considerably during transport.

 

Nickel and cobalt are two raw materials whose demand is high worldwide, and rising, because they are needed for lithium-ion batteries. Nickel often comes from Indonesia, an important supplier. Surpluses of nickel are low, with inventories down 49 percent since the beginning of the year. Even though supply from Indonesia will expand next year, it is questionable whether supply can keep up with demand. Global nickel consumption is expected to be eight percent higher in 2022 and 9.5 percent higher in 2023.

 

Nickel and cobalt, for example, are held by Canada Nickel Company - https://www.commodity-tv.com/play/canada-nickel-developing-the-fifth-largest-nickel-deposit-in-the-world/ - in Ontario at its Crawford project.

 

Cobalt and gold are in the ground at Mawson Gold's - https://www.commodity-tv.com/play/mawson-gold-pea-shows-economic-gold-cobalt-project-in-finland/ - Rajapalot project. This is located in Finland.

 

Current corporate information and press releases from Mawson Gold (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).

 

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.


Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/



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