First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate
Green Car Congress
MAY 6, 2020
. $139 million after-tax net present value (NPV) using an 8% discount and 53% after-tax internal rate of return (IRR), representing a payback period of only 1.8 Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review.
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