NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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Posted On: 04/19/2018 7:15:10 PM
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Commences Refinery Restart Requirement Study
First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has started a study of the First Cobalt Refinery to provide operating cost estimates for a future restart and expansion of the refinery. The refinery, located in the Canadian Cobalt Camp, is fully-owned by First Cobalt and is the only fully permitted cobalt refinery in North America that is capable of producing battery materials. The study will estimate the capital required to restart the refinery in its current configuration as well as an expansion scenario. “The First Cobalt Refinery is a unique and strategic asset that is fully permitted to process North American feedstock. As we move forward with proposed acquisition of US Cobalt and ongoing studies of early cash flow opportunities in the Cobalt Camp from historic muckpile material, this Refinery study will drive us closer to our goal of being a vertically integrated North American cobalt company,” First Cobalt president and CEO Trent Mell stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has started a study of the First Cobalt Refinery to provide operating cost estimates for a future restart and expansion of the refinery. The refinery, located in the Canadian Cobalt Camp, is fully-owned by First Cobalt and is the only fully permitted cobalt refinery in North America that is capable of producing battery materials. The study will estimate the capital required to restart the refinery in its current configuration as well as an expansion scenario. “The First Cobalt Refinery is a unique and strategic asset that is fully permitted to process North American feedstock. As we move forward with proposed acquisition of US Cobalt and ongoing studies of early cash flow opportunities in the Cobalt Camp from historic muckpile material, this Refinery study will drive us closer to our goal of being a vertically integrated North American cobalt company,” First Cobalt president and CEO Trent Mell stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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