Battery Metals

Cobalt Investing

eCobalt (TSX:ECS; OTCQX:ECSIF; FRA:ECO) recently got featured on Street Wise Reports. The article talks about the rising demands of Cobalt and how the company’s cobalt mine in Idaho continues to hit its milestones. 

eCobalt (TSX:ECS; OTCQX:ECSIF; FRA:ECO) recently got featured on Street Wise Reports. The article talks about the rising demands of Cobalt and how the company’s cobalt mine in Idaho continues to hit its milestones.

“Cobalt, a key component in batteries for electric vehicles, has seen its price more than triple over the last two years.” – The article states.

“The company’s Idaho Cobalt Project is located in east-central Idaho. Cobalt is the primary product, which makes it rare among cobalt mines as most cobalt is mined as a byproduct with copper or nickel. The Idaho Cobalt Project deposit also includes some copper and gold. The project has received all its environmental permits and has its Plan of Operation from the Bureau of Land Management (BLM).”- The article describes the Idaho Project.

“As we prepare for underground mine development, capital raised from our recent financing is being deployed on pre-construction activities as planned. Delivery of the water treatment plant components has commenced, and we have awarded contracts to construct the plant starting in May.” – The company president and CEO Paul Farquharson commented.

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