(TheNewswire)
11 July 2024 – TheNewswire- (Australia) JervoisGlobal Limited (“ Jervois ”) (ASX: JRV) (TSX-V: JRV) (OTC:JRVMF) advises its Executive General Manager – Commercial, Mr. WaydeYeoman, presented at a United States (“ U.S. ”) House ofRepresentatives roundtable in Washington D.C. earlier today (U.S.time).
The session was organised by the seven-member Critical Minerals Policy WorkingGroup of the U.S. House Select Committee on theStrategic Competition Between the U.S. and the Chinese Communist Party(“ Congressional Committee ”).
Mr. Yeoman presented to the working group on criticalminerals of the Congressional Committee, providing an overview ofJervois’ business including its 100% owned Idaho Cobalt Operations(the largest and highest grade confirmed cobalt orebody in the U.S.),the cobalt market and China’s participation, critical mineralstockpiling and the Committee’s proposal for a Resilient ResourceReserve.
In December 2023, the Committee released legislativerecommendations in relation to U.S. relations with China, includingcobalt pricing support for domestic American production (see pressrelease “Jervois welcomes U.S. Congressional Select Committeeproposal for a reserve to sustain cobalt price”, dated 13 December2023).
The proposed Resilient Resource Reserve is designed toinsulate U.S. critical mineral producers, including cobalt, fromChinese induced price volatility and manipulation.
On behalf of Jervois Global Limited
Bryce Crocker, CEO
For further information, please contact:
Investors and analysts: Alicia Brown Group Manager – External Affairs Jervois Global | Media: Nathan Ryan NWR Communications nathan.ryan@nwrcommunications.com.au Mob: +61 420 582 887 |
Forward-LookingStatements
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When used in this news release,the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule”, “expected” and other similar words or expressionsidentify forward-looking statements or information. Theseforward-looking statements or information may relate to the ResilientResource Reserve and certain other factors or information. Suchstatements represent Jervois’ current views with respect to futureevents and are necessarily based upon a number of assumptions andestimates that, while considered reasonable by Jervois, are inherentlysubject to significant business, economic, competitive, political andsocial risks, contingencies and uncertainties. Many factors, bothknown and unknown, could cause results, performance or achievements tobe materially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. Jervois does not intend, and does not assume any obligation, to update theseforward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectionssuch statements and information other than as required by applicablelaws, rules and regulations.
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