The basis of the cobalt demand analysis by use was established via the investigation and analysis of the cobalt materials flow, and the overall cobalt metal material and parts industry structure in Korea was examined to determine the cobalt material flow. The markets of the cobalt material for machinery were studied, including their interrelations, via market and study trends, and relevant plans were examined. The results of the study indicated that the advanced core technology for advanced industry and technology-intensive industry development is required to structurally innovate the parts materials and basic materials industries and to upgrade the catch-up industry structure to the new frontier structure.

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