RE:RE:RE:RE:rare earth processingFWIW I am long First Cobalt (FCC) that is restarting a Cobalt Refinery in Cobalt Ontario. They are partnered with Glencore who will be providing feedstock from the DRC. Yes I am aware of the predatory nature of Glenccore. Hard to believe but I gather cobalt feedstock is economical to ship such a distance. Perhaps local mining costs outweigh shipping costs?? Some day they will hopefully be refining their own ore, which they also own.
I can't imagine it wouldn't be beneficial to have a local refinery for AVL, not to mention the benefits of securing the entire supply chain. Whether this refinery works with any AVL minerals or not I don't know. I also haven't even read the article yet.