17
Dec
13:08
COBALT: First Cobalt gets public funding for Ontario refinery
First Cobalt Corp is getting CAD 10 million ($7.87m) in public funding to accelerate the recommissioning and expansion of its cobalt refinery in northern Ontario, Kallanish reports.
The funding is coming from the Canadian federal government and the province of Ontario. Canada is providing a CAD 5m interest-free loan through the Federal Economic Development Initiative for Northern Ontario. Ontario is awarding a CAD 5m non-repayable grant through the Northern Ontari…
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