Focused on creating a North American cobalt supply chain.
First Cobalt (TSX-V:FCC; OTCQX:FTSSF) is a North American battery materials company with leading ESG credentials that is currently expanding and recommissioning North America’s only permitted refinery capable of producing battery grade cobalt.
Phase I will be completed in October 2022, at which time the facility will produce 25,000 tonnes per year of battery grade cobalt sulfate (5,000 tonnes of cobalt contained). During a Phase II expansion, the Company intends to recycle lithium-ion battery material in the form of black mass to recover cobalt, nickel, copper and other battery materials. The final product will be marketed to electric vehicle and battery manufacturers in North America and Europe. First Cobalt’s competitive advantages include its existing hydrometallurgical facility, lowest-quartile carbon footprint and proximity to the U.S. and European markets.
First Cobalt also owns a growing cobalt-copper mineral deposit in Idaho, U.S., which will provide a foundation for a secure, strategic, domestic supply of a critical raw material in North America. Known as the Iron Creek Project, the high grade primary cobalt deposit sits on patented property within the Idaho Cobalt Belt. The vision for this project is to build an underground ‘mine of the future’, leveraging current best practices and technology to minimize the environmental footprint of a future operation. Significant infrastructure in place includes 600 metres of drifting from three adits and an all-weather road that connects the property to a state highway and the nearby towns of Challis and Salmon.Learn more
Click below to get to know the First Cobalt Refinery and the Iron Creek Project, as well as interviews with the senior management team.
Quarterly Report & Presentation
To learn more about First Cobalt's North American cobalt supply chain strategy, as well as its assets, click below: