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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

Several EV manufacturers have expressed an interest in purchasing a North American cobalt sulfate. Several opportunities will be evaluated over the coming months that could enhance project economics further, including alternative approaches to managing elevated sodium concentrations prior to returning process water to the environment.

Sodium 221
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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

Green Car Congress

DOE is seeking to facilitate the market penetration of hydrogen and fuel cell products through higher volume purchases (e.g., Hydrogen produced by water electrolysis has the potential to be a useful means of storing excess electricity generated using wind, solar, and other intermittent renewable energy.

Congress 150
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Jervois to acquire SMP nickel & cobalt refinery in Brazil; concentrate from Idaho for refining, cobalt metal back to US

Green Car Congress

On Closing, Deposit Payment shall be applied to the purchase price for SMP Refinery. Niquelandia provided the SMP Refinery with nickel carbonate. Should Jervois elect to exercise its Early Termination Right, Deposit Payment will be forfeited and no further tranches will be payable. Jervois will fund Deposit Payment via cash reserves.

Idaho 259