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16 Dec
13:38

COBALT, COPPER: Jervois hikes estimated cost of Idaho cobalt project

Jervois Global Ltd says costs have increased by about $6.5 million on its Idaho Cobalt Operations and the first ore from the project is expected in August 2022, one month later than had been projected, Kallanish reports. Capital costs for the project have jumped from $92.6m to $99.1m due to market and inflationary pressures for labour and materials in the western United States, the Australia-based company says. The first ore delivery has been pushed back by one mo…
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