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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 Q4 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.

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Corporate Videos

Click below to get to know the First Cobalt Refinery and the Iron Creek Project, as well as interviews with the senior management team.

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Quarterly Report & Presentation

To learn more about First Cobalt's North American cobalt supply chain strategy, as well as its assets, click below:

Corporate Presentation
Quarterly Report

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First Cobalt Refinery, Ontario, Canada

On April 3, 2019, the Company announced that it successfully produced a high purity battery grade cobalt sulfate using the First Cobalt Refinery flowsheet. The refinery has the potential to produce either a cobalt sulfate or cobalt. Once operational, the Refinery would become the only North American producer of refined cobalt.

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Iron Creek Cobalt Project, Idaho, USA

On September 26, 2018, First Cobalt announced an Inferred Resource estimate at Iron Creek of 26.9 million tonnes grading 0.11% cobalt equivalent*. An updated mineral resource estimate is expected in H1'19, including additional drilling done during 2018. 

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Investor Highlights

First Cobalt offers a North American cobalt solution, a fully permitted refinery and a pathway to cobalt production. We are a primary cobalt company with three significant North American assets.

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