Africa moves a step closer to continent’s first cobalt refinery
Africa could have its first cobalt sulphate refinery by the end of 2025, one of the few outside of China capable of making the product that’s a key component of lithium-ion batteries.
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First Cobalt aims to create specialist EV battery materials facility in North America
Mining News Pro - Canada’s First Cobalt aims to create North America’s first specialist facility for producing electric vehicle battery materials such as cathode chemicals, it said on Sunday, as it announced a name change to Electra Battery Materials.
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First Cobalt secures $45m for refinery construction
Mining News Pro - Battery materials company First Cobalt has secured a $45-million debt and brokered equity financing package for the construction of its refinery in Ontario, it announced on Monday.
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First Cobalt signs supply deal with Glencore, eyes China Moly contract
Mining News Pro - First Cobalt Corp said on Tuesday it signed a deal with Glencore and has agreed a tentative pact with a unit of China Molybdenum Ltd for cobalt supplies from the Democratic Republic of the Congo.
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First Cobalt gets C$10m government boost to refinery
Mining News Pro - First Cobalt has secured C$10 million ($7.8m) in government funding that will allow it to accelerate the development of its cobalt refinery in Ontario, 600 kilometers from the US border.
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First Cobalt secures C$10m public funding for refinery
Mining News Pro - First Cobalt Corp. announced Wednesday that it has secured C$10 million in government loans and grants, allowing the company to accelerate the startup and expansion of its cobalt refinery in Ontario.
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Ongoing studies lower First Cobalt operating costs
Mining News Pro - Ongoing engineering studies for the First Cobalt refinery, in Ontario, have reduced operating costs by 13% to $2.36/lb, improving refinery margins and enhancing project economics.
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First Cobalt steps up on ESG practice
Mining News Pro - First Cobalt has taken further steps to strengthen its environmental, social and corporate governance (ESG) practices by joining the Cobalt Institute as an associate member.
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First Cobalt stakes claims near Iron Creek in Idaho
Mining News Pro - First Cobalt has staked new claims to the west of its Iron Creek cobalt-copper project in Idaho – increasing its landholdings by 50%.
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First Cobalt expands Idaho property by 50%
Mining News Pro - First Cobalt announced Wednesday it has increased the size of its Idaho land position by staking an additional 43 claims to the west of Iron Creek, expanding the total project area from 1,700 acres to over 2,600 acres.
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First Cobalt produces battery-grade cobalt sulphate from different feeds
Mining News Pro - For the second time, First Cobalt announced that it has produced battery-grade cobalt sulphate, highlighting the ability of the flowsheet at its hydrometallugical refinery to treat different feedstocks.
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First Cobalt refinery expansion study weeks from conclusion
Mining News Pro - The feasibility study for an expansion of the Glencore-backed First Cobalt refinery, in Ontario, Canada, is in the final stages and will be concluded in the coming weeks.
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First Cobalt’s shares jump on upsized private placement
Mining News Pro - First Cobalt Corp. announced Friday that it has increased its previously announced non-brokered private placement to accommodate demand. The offering has increased to 14.3 million units of the company at a price of C$0.14 per unit for gross proceeds of approximately C$2million. The company expects to close the offering on February 5, 2020.
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First Cobalt upgrades Iron Creek resource
Mining News Pro - First Cobalt has released an updated resource for its 7 sq. km Iron Creek project with 2.2 million tonnes at 0.32% cobalt-equivalent in the indicated category and 2.7 million tonnes at 0.28% cobalt-equivalent in the inferred category. Contained cobalt stands at 12.3 million lb. in the indicated and 12.7 million lb. in the inferred category.
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First Cobalt on track for 2020 refinery restart with Glencore
Mining News Pro - Canada’s First Cobalt released an update Wednesday on the progress of recommissioning its cobalt refinery in partnership with Glencore.
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First Cobalt seeks government backing to restart Canadian refinery
Mining News Pro - First Cobalt Corp is in advanced talks with Canada’s Ontario province to finance the $37.5 million required to restart its idled cobalt refinery, President and Chief Executive Officer Trent Mell said in an interview on Tuesday.
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Glencore commits $45 million to restart First Cobalt refinery in Canada
Mining News Pro - Mining and commodities trader giant Glencore is lending Canada’s First Cobalt Corp. an initial $5 million to restart the company’s refinery in Ontario, which would become the only North American producer of refined cobalt for the electric vehicle (EV) market.
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First Cobalt refinery output could be doubled
Mining News Pro - Ausenco Engineering Canada has delivered a study of the refinery in Cobalt, Ontario to Toronto-based First Cobalt Corp. The study says that using third party cobalt hydroxide as feed, the refinery output could be doubled to 5,000 t/y cobalt contained in sulphate.
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Glencore to support First Cobalt’s refinery restart
Mining News Pro - Toronto’s First Cobalt Corp. and Swiss mining giant Glencore AG have signed a memorandum of understanding to supply feedstock and financing to the reopening of First Cobalt’s cobalt refinery in the town of Cobalt. This is the only permitted cobalt refinery in North America.
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First Cobalt produces battery grade cobalt sulphate
Mining News Pro - Toronto-based First Cobalt Corp. has successfully produced a battery grade cobalt sulphate at its refinery near the town of Cobalt.
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First Cobalt extends Iron Creek mineralization by 150 metres
Mining News Pro - First Cobalt Corp. of Toronto has drilled its deepest hole to date at the Iron Creek cobalt project between Challis and Salmon. The hole reached a depth of 611 metres and confirmed that mineralization in the No Name zone extends a further 150 metre down dip.
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Eriez and First Cobalt
Mining News Pro - Jaisen Kohmuench of Eriez has been selected as the 2018 Frank F. Aplan Award winner.
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First Cobalt extends mineralization at Iron Creek in Idaho
Mining News Pro - First Cobalt has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho.
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First Cobalt advances Iron Creek
Mining News Pro - Toronto-based First Cobalt Corp. is creating programs to address permitting and environmental baseline studies at its Iron Creek cobalt project 40 km southwest of the town of Salmon. Brown and Caldwell has been engaged to provide permitting guidance and to oversee the collection of environmental data.
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First Cobalt eyes restart of Canadian refinery
Mining News Pro - Dual-listed First Cobalt has undertaken three independent studies to assess restarting its refinery in Ontario, Canada.
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Visit: 978