2012 Cobalt Production Falls in Zambia

Reuters reported that cobalt production fell in Zambia in 2012.

As quoted in the market report:

Cobalt production fell to 5,436 tonnes from 7,701 tonnes, but exports of that metal increased to 10,030 from 7,830 tonnes.

To view the whole Reuters report, click here. 

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Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with FCO to get their latest news instantly.

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