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03 Jun

Jervois eyes investment from cobalt customer

Australia’s Jervois Global has signed an MOU with its customer Pennsylvania-based Global Tungsten & Powders (GTP) for a potential investment in Jervois’ proposed US cobalt refinery. The nickel and cobalt company is currently working with consultancy Afry on a bankable feasibility study. The project is planned to produce 6,000 tonnes/year of cobalt sulphate, enough to supply 1.2 million EVs per annum. Under the MOU, tungsten supplier GTP would make…
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