NetworkNewsBreaks – First Cobalt Corp.’s (TSX.
Post# of 163
Junior explorer First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is able to evade the negative publicity regarding mining African cobalt since the company’s cobalt properties are located in North America. An article discussing the company reads: “First Cobalt’s assets also include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery materials. The refinery will require some modification before it can begin operating; however, this is a much less costly and speedier option than attempting to construct a new facility and get it permitted. It has the added advantage of all the environmental permits already being in place. This integrated approach of mining and refining is likely to place First Cobalt in a dominant position as U.S. and European manufacturers cast about for sources of the mineral.”
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