First Cobalt Corporation
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First Cobalt secures five-year cobalt sulphate offtake contract
As First Cobalt (TSXV: FCC) readies for a restart of its Ontario refinery next year, the company has announced a five-year offtake agreement with London-based metals trader Stratton Metals for the sale of cobalt sulphate from the Temiskaming Shores hydrometallurgical…
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First Cobalt starts pre-construction work on Ontario refinery
First Cobalt has begun pre-construction work at its permitted cobalt refinery in Ontario. The company is now working on detailed engineering and procurement of long lead-time items, including a cobalt crystallizer and solvent extraction and filtering equipment. Pilot plant test…
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First Cobalt inks feed agreements for refinery starting in 2022
First Cobalt has secured cobalt feed amounting to 90% of capacity for its First Cobalt Refinery in Ontario. The facility will be the only producer of cobalt sulphate for electric vehicle batteries in North America once the company completes a…
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First Cobalt to finalize new supply deal with Glencore
First Cobalt is planning to alter its prior arrangement with global miner Glencore and sign a long-term feed purchase contract instead of the original tolling contract. First Cobalt currently owns North America’s only permitted cobalt refinery. Securing feed material under a long-term cobalt…
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MINING PEOPLE: BHP, Canadian Goldcamps, First Cobalt, Teck, Treasury, Zanzibar
Management appointments announced this week include: BHP has announced changes to its executive leadership team: these include the appointment of Ragnar Udd to the president of Minerals Americas role, effective Nov. 1. Udd is currently BHP’s acting chief technology officer. Grant…
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First Cobalt goes ahead with refinery expansion plan
First Cobalt (TSXV: FCC) is moving directly into an expansion scenario for its permitted cobalt refinery in Ontario after conducting a detailed engineering study on the facility. The company said on July 22 that this plan could save millions of dollars…
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The Northern Miner Podcast – episode 189: First Cobalt CEO Trent Mell on electric vehicles, cobalt demand and working with Glencore
This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Trent discusses how there will be an ‘avalanche’ of demand for cobalt from the electric vehicle…
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COBALT: Feasibility shows strong economics for First Cobalt refinery reboot
TORONTO – A feasibility study looking at an expansion of First Cobalt’s refinery in Ontario shows that with a capital investment of US$56 million, the past-producing facility could produce nearly 25,000 tonnes of cobalt sulphate annually – representing 5% of…
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First Cobalt stakes claims near Iron Creek in Idaho
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has staked new claims to the west of its Iron Creek cobalt-copper project in Idaho – increasing its landholdings by 50%. The 43 new claims staked cover an area of over 3.5 sq. km –…
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COBALT: First Cobalt produces battery-grade cobalt sulphate from different feeds
TORONTO – 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. The latest product, at 21.4% cobalt and with over 99.9%…
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COBALT: Refinery expansion study on track, says First Cobalt
ONTARIO – First Cobalt has announced that the feasibility study on an expansion of its Ontario refinery will be complete in the coming weeks. It is also in discussions with potential automotive off-take partners looking for a North American source…
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COBALT: First Cobalt upgrades Iron Creek resource
IDAHO – 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…
