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home / news releases / KUYAF - First Cobalt: An Emerging North American Source Of Battery-Grade Cobalt

KUYAF - First Cobalt: An Emerging North American Source Of Battery-Grade Cobalt

Kuya Silver Corporation
  • First Cobalt is modernizing and expanding a cobalt refinery in Ontario.
  • The refinery should be able to produce 25,000 tonnes of battery-grade cobalt sulphate per year.
  • At a cobalt price of $25/lb, the after-tax NPV(8%) equals $177 million.
  • First Cobalt has also several other assets, but they are much less valuable at present.
  • Given the current cobalt price of $17.7/lb, First Cobalt is expensive right now.

For further details see:

First Cobalt: An Emerging North American Source Of Battery-Grade Cobalt
Stock Information
Company Name: Kuya Silver Corporation
Stock Symbol: KUYAF
Market: OTC
Website: kuyasilver.com
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