First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate
Green Car Congress
MAY 6, 2020
The study contemplates expanding the existing facility and adapting it to be North America’s first producer of cobalt sulfate, an essential component in the manufacturing of batteries for electric vehicles. 37 million in undiscounted pre-tax free cashflow to the project forecasted during the first full year of production. Feed Grade.
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