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Critical step for Ontario cobalt refinery

Robust economics opens path for NA supply of battery metal Metal Tech News Weekly Edition – May 6, 2020

First Cobalt Corp. has taken a critical step toward its goal of supplying North American and European electric vehicle and lithium-ion battery manufacturers with 25,000 metric tons of battery grade cobalt sulfate per year.

With an initial investment of only US$56 million, First Cobalt's already established refinery in Ontario could be churning out enough cobalt for the batteries powering more than...

 

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