By Shane Lasley
Metal Tech News
Stratton will buy all First Cobalt product
Offtake agreement offers option to sell cobalt sulfate to OEMs Metal Tech News – March 29, 2021
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Last updated 7/10/2022 at 3:11pm
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Stratton Metals has agreed to buy up to 25,000 metric tons of cobalt sulfate per year from First Cobalt's refinery in Ontario.
In another step toward its overarching goal to deliver battery grade cobalt into the North American electric vehicles market, First Cobalt Corp. has signed a flexible, long-term, offtake agreement with Stratton Metal Resources Ltd. for the sale of future cobalt sulfate production from the First Cobalt refinery in Ontario, Canada.
"Stratton Metals are among the most knowledgeable cobalt traders...
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