Hard to say cause, nobody outside of the DRC directly mines cobalt who uses child miners and such methods, it's generally just a by product or it has copper/gold associated with it that makes it economical.
Going through feasibility of a few projects trying to currently get into production, the best figures I have seen are .55% co has a production cost of $13.26/lb, from 90% recoveries.
So thats about break even, then the project makes it's money of the gold/copper credits.
That doesn't account for depth though, obviously break even under ground is going to be economic at surface, so it you were seeing .55% co near surface similar recoveries, that would work, but not too much lower or your just gambling on cobalt prices rising.
Tonnage is also a consideration the bigger the project the cheaper production will be, as is the location near a major transportation hub and electric grid is obviously cheaper than in the middle of a desert or on top of a mountain, so consider those things as well.