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Summary Cobalt spot prices were down significantly for the month, and LME inventory was down for the month. A shift towards LFP batteries has not helped cobalt demand in China. Cobalt market news - BMI: Cobalt rout continues into 2023 due to limited demand from consumer electronics, a s...
Burlington, Ontario--(Newsfile Corp. - February 13, 2023) - CBLT Inc. (TSXV: CBLT) ("CBLT") is pleased to announce the assay results from samples taken at Shatford Lake in October, 2022. Table 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/fi...
Summary Cobalt spot prices were lower for the month, LME inventory was lower for the month. Cobalt market news - BMI anticipates that cobalt prices will fall in early 2023 given surplus forecasts. Project Blue forecasts cobalt prices should strengthen as the year goes on. Cobalt min...
Burlington, Ontario--(Newsfile Corp. - January 9, 2023) - CBLT Inc. (TSXV: CBLT) ("CBLT") owns 100% of the Chilton Cobalt property ("Chilton Cobalt") in Quebec, Canada. PowerStone Metals Corp. ("PowerStone") owns a previously announced option to acquire title to Chilton Cobalt, subject to the com...
Summary Cobalt spot prices were flat for the month. LME inventory was also flat for the month. Cobalt market news - Cobalt metal prices diverge on demand shifts due to strength in aerospace demand and weakness in battery demand notably from consumer electronics. ERG: "Total demand f...
Burlington, Ontario--(Newsfile Corp. - November 21, 2022) - CBLT Inc. (TSXV: CBLT) ("CBLT") announced on June 13, 2022 it had entered into an option agreement (the "Option") with PowerStone Metals Corp. ("PowerStone") for CBLT's Chilton Cobalt property ("Chilton Cobalt"), subject to the fulfil...
Burlington, Ontario--(Newsfile Corp. - October 26, 2022) - CBLT Inc. (TSXV: CBLT) ("CBLT") has received the first assay results from its sampling and mapping program at Shatford Lake, in the Bird River Pegmatite Field in southeast Manitoba. Shatford Lake's close proximity to the Tanco Mine and...
Summary Cobalt spot prices were flat for the month, LME inventory was slightly lower. Cobalt market news - Strong cobalt production and weaker demand has pushed the cobalt market into a significant surplus this year. The U.S. DoE awards $2.8 billion in grants. Cobalt miners' n...
Burlington, Ontario--(Newsfile Corp. - October 3, 2022) - CBLT Inc. (TSXV: CBLT) ("CBLT") owns 4,215,116 common shares of Ciscom Corp. ("Ciscom"), or roughly 8.2% of Ciscom's outstanding shares. Ciscom has advised CBLT that Ciscom has completed its previously announced acquisition of Prospect ...
Summary Cobalt spot prices were up slightly for the month, LME inventory was lower. Cobalt market news - BMI: The world will need 62 new cobalt mining projects of 5,000tpa by 2035, 38 if recycling is factored in. Cobalt miners news - Vale and Huayou plan to build an $1.8b HPAL...
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Burlington, Ontario--(Newsfile Corp. - April 2, 2024) - With its purchase of Falcon Gold ("Falcon Gold" or "the Property") in 2023, CBLT (TSXV: CBLT) ("CBLT") gained control of the third of the three properties that appear to encompass the Garson Fault within the city limits of Sudbury, Ontario. ...
Burlington, Ontario--(Newsfile Corp. - September 11, 2023) - CBLT Inc. (TSXV: CBLT) ("CBLT") is pleased to announce James R. Atkinson, M.Sc, P.Geo, has joined its board of directors. Mr. Atkinson is an experienced exploration geologist and project manager with over 40 years of experience. Mr. At...
Burlington, Ontario--(Newsfile Corp. - August 22, 2023) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has sold its non-core Ryliejack asset in northern British Columbia to an arm's length international mining company. Also known as Bootjack, the property was acquired by CBLT in 2012. The sale pr...