(TheNewswire)
Australia / September 23 2022 / Jervois Global Limited (“ Jervois ” or the“ Company ”) (ASX: JRV) (TSX-V: JRV) (OTCQX: JRVMF) advises it hasreceived an Environmental Installation License (the “ LPI ”) for its100%-owned São Miguel Paulista (“ SMP ”) nickel cobaltrefinery in São Paulo, Brazil.
This license from the State environmental regulator,Companhia Ambiental do Estado de São Paulo (“ CETESB ”),represents São Paulo State approval for construction of the Stage 1SMP restart, another important milestone as Jervois continues detailedengineering on the restart prior to final investment decision.
Jervois forecasts to produce 10,000 metric tonnes perannum (“mtpa”) and 2,000 mtpa of refined nickel and cobalt metalcathode respectively in Stage 1.
SMP is Latin America’s only electrolytic class 1nickel and cobalt refinery and operated successfully for more than 30years prior to being placed on care and maintenance.
On behalf of Jervois Global Limited,
Bryce Crocker, Chief Executive Officer
For further information, please contact:
Investors and analysts: James May Chief Financial Officer 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 permitting forSMP refinery, engineering for SMP refinery, construction and restartof SMP refinery 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, both known and unknown, could causeresults, performance or achievements to be materially different fromthe results, performance or achievements that are or may be expressedor implied by such forward-looking statements. Jervois does notintend, 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.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
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