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By A.J. Roan
Metal Tech News 

First Cobalt finishes refinery financing

$45M toward upgrade and expansion of battery-grade cobalt Metal Tech News - September 6, 2021

 

Last updated 7/12/2022 at 12:42pm

First Cobalt refinery Ontario Canada battery grade sulfate eco-park funding

First Cobalt Corp.

The upgraded and expanded First Cobalt refinery in Ontario is expected to be completed at the end of 2022.

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 sustainab...



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