The Elements of Innovation Discovered
The Elements of Innovation Discovered
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First Cobalt Corp. Sept. 3 announced the completion of a US$45 million financing that will help fund the upgrade and expansion of its battery-grade cobalt sulfate refinery in Canada. "With the completion of this financing, the First Cobalt project team can now accelerate long lead equipment orders for our Canadian battery materials refinery as we pursue our vision of becoming the most sustainable producer of battery materials," said Trent Mell, president and CEO of First...
Furthering its vision of developing an integrated lithium-ion battery park centered on its refinery in Ontario, Canada, First Cobalt Corp. reports that it has successfully extracted nickel, cobalt, copper, manganese, lithium, and graphite from a "black mass" product recovered from recycled batteries. In the lithium-ion battery recycling process, black mass is a powdery material that is produced by crushing or shredding the electrodes after the casing and other ancillary parts...
As First Cobalt Corp. advances the only battery-grade cobalt sulfate refinery in North America toward a 2022 start, the company is beginning to investigate the potential of developing an integrated battery park in Ontario that refines and recycles cobalt and nickel, and then upgrades these metals into the anode materials for the lithium-ion batteries needed for the massive influx of electric vehicles expected in the coming years. First Cobalt envisions a battery park built...
