eCobalt Solutions Reports Successful Concentrate Roasting at ICP

eCobalt Solutions Inc. (TSX:ECS) announced that it continues to make progress at its Idaho cobalt project (ICP). It says that laboratory-scale testing has shown that arsenic can be removed from ICP ore concentrates via conventional roasting methods.

As quoted in the press release:

These successful results support the Company’s new direction to produce a clean (low arsenic content) cobalt concentrate product, an upstream precursor material for battery cathode production, that may result in material reduction of capital and operating cost at the Cobalt Production Facility (“CPF”). This product change and other project optimization efforts, as announced by the Company on December 7, 2017, have the potential to result in a significant improvement in economics for the ICP. This new opportunity is being pursued in response to changes in battery supply chain dynamics and in-depth discussions with potential offtake partners.

Paul Farquharson, president and CEO of eCobalt, commented:

The successful test results to remove arsenic is a significant positive development as we can demonstrate to potential offtake partners that a clean cobalt concentrate with arsenic levels below 1% can be produced from the ICP. This confirmation advances ongoing offtake discussions and further reduces the technical and execution risks of the project. This new development has the potential to decrease total capital requirements without altering the project’s initial timeline.

Click here to read the full eCobalt Solutions Inc. (TSX:ECS) press release.

Cobalt Stocks Have Grown 100% in the Past Year


Get insights into cobalt's future in our free report


Get the Latest Cobalt Investing Stock Information

Get the latest information about companies associated with Cobalt Investing delivered directly to your inbox.

Cobalt

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Battery Metals in 2018


Click to download your free report


Comments

Leave a Reply