J. Randall (Randy) Waterfield is an accomplished business leader who has served as the Chairman of the Young Presidents’ Organization, an association of global chief executives. J. Randall Waterfield is the Co-Chairman of Missouri Cobalt LLC, a company with an estimated 35 million pounds of proven and inferred cobalt reserves.
Cobalt is a lustrous, silvery-blue metal. It is often isolated during the process of mining nickel and copper. Its chemical symbol is Co and it has magnetic qualities. Cobalt has a number of notable uses that have made it critical to the economies of developed countries. In fact, the United States classifies cobalt as a strategic metal, as a shortage could negatively impact the US economy as well as security interests. Below are a few notable uses of cobalt:
-Magnets. Cobalt is a magnetic metal. Alloyed with nickel and aluminum, it can make powerful magnets used in hearing aids, microphones, and compasses.
-Electroplating. Because of its lustrous appearance, cobalt is used to electroplate objects to give them an attractive aesthetic. It also protects them from rusting and oxidation.
-Air transportation. Cobalt alloys are used to make key parts for jet engines and gas turbine engines.
-Radiation therapy. A radioactive form of cobalt known as cobalt-60 is used to treat some cancers.
-Energy storage. Cobalt is used in making rechargeable batteries for smartphones and other electronic devices. It has also, most recently, risen to prominence as an essential element for making lithium-ion batteries used in electric vehicles.
Cobalt is a lustrous, silvery-blue metal. It is often isolated during the process of mining nickel and copper. Its chemical symbol is Co and it has magnetic qualities. Cobalt has a number of notable uses that have made it critical to the economies of developed countries. In fact, the United States classifies cobalt as a strategic metal, as a shortage could negatively impact the US economy as well as security interests. Below are a few notable uses of cobalt:
-Magnets. Cobalt is a magnetic metal. Alloyed with nickel and aluminum, it can make powerful magnets used in hearing aids, microphones, and compasses.
-Electroplating. Because of its lustrous appearance, cobalt is used to electroplate objects to give them an attractive aesthetic. It also protects them from rusting and oxidation.
-Air transportation. Cobalt alloys are used to make key parts for jet engines and gas turbine engines.
-Radiation therapy. A radioactive form of cobalt known as cobalt-60 is used to treat some cancers.
-Energy storage. Cobalt is used in making rechargeable batteries for smartphones and other electronic devices. It has also, most recently, risen to prominence as an essential element for making lithium-ion batteries used in electric vehicles.