Outlooks for Cobalt, Lithium & Ferrochrome

Resource Investor reports that cobalt is expected to remain in ample supply even as demand increases.

The article states:

Cobalt demand…is expected to grow significantly. Traditionally the largest end-use has been in superalloys, but batteries have recently displaced them and now account for more than 27% of cobalt end use applications compared with 19% for superalloys.

To read the full article, 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 Formation Metals to get their latest news instantly.

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