Global Tungsten & Powders Announces Strategic Cobalt Partnership with Umicore

Global Tungsten & Powders, a division of the Plansee Group, has entered into a strategic partnership with Umicore for tolling GTP’s cobalt intermediate material.

GTP processes tungsten ore as well as secondary raw materials containing tungsten and cobalt. Through GTP’s recycling process, a cobalt intermediate is generated which will be converted to cobalt metal powders by Umicore.