Those eyeing the opportunity to mine the ocean’s floor will finally get their chance beginning in July when the United Nations’ International Seabed Authority will reportedly open the floor for applications. According to a Reuters report, the decision comes after the group spent weeks debating standards for the practice, which has arisen amid speculation but also controversy. The practice of…
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Jervois halts construction at ICO
Australian operator Jervois Global is citing ongoing low cobalt prices and inflationary impacts on construction costs in the U.S. for its decision to suspend final construction efforts at its Idaho Cobalt Operations mine in Idaho’s Salmon Challis National Forest.
Read MoreIdaho Cobalt Operations nears completion
Australian miner Jervois Global said it has successfully completed water commissioning in the mill and concentrator facilities at its Idaho Cobalt Operations (ICO) complex near Salmon, Idaho.
Read MoreElectra Battery Materials disposes of non-core assets
Toronto-based Electra Battery Materials, formerly First Cobalt, has signed a deal with Kuya Silver to get rid of its non-core assets in Canada, though the company will retain royalty interests in the properties in Canada’s Cobalt Camp. The decision is part of an agreement initially inked between the companies in 2021; that share purchase and option agreement has been amended…
Read MoreU.S., Canada, others ink pact for critical minerals supply
The U.S. State Department said recently that the country has entered an agreement with Canada and other countries to secure supplies of critical minerals like lithium, cobalt and nickel. According to a report by Reuters, which cited department undersecretary Jose Fernandez, as global demand continues to rise, more minerals will be needed to meet emissions reduction goals and satisfy the…
Read MoreCEO Q&A: Metso Outotec’s Pekka Vauramo
North American Mining recently sat down with the executive about changes since pairing together Metso and Outotec, and keys to the company’s business for the future. NAM: It’s now been nearly two years since the joining together of Metso and Outotec. How do you think the transition has panned out for the company and for mining customers? We originally thought…
Read MoreIdaho Cobalt project continues advancement toward 2022 start
Jervois Global said work is progressing well at its Idaho Cobalt Operations (ICO) project, including strides on equipment delivery, development and construction.
Read MoreFirst Cobalt receives permit for refinery project
Canadian-based First Cobalt, owner of a hydrometallurgical refinery in Ontario, Canada, has received the second of three key permits that will recommission the facility in time for positive market trends.
Read MoreFirst Cobalt awards construction deal to Metso Outotec
Canadian-based First Cobalt, which is currently constructing its low-carbon hydrometallurgical refinery in the country, has selected Metso Outotec for the design and manufacturing of solvent extraction cells.
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