Formation Metals Successfully Produces High Purity Cobalt Salts for the Rechargeable Battery Sector in Bench Scale Tests
VANCOUVER, Dec. 8, 2015 /PRNewswire/ - Formation Metals Inc. (FCO-TSX) (the "Company" or "Formation") announces that initial bench test production of cobalt sulfate heptahydrate crystals suitable for the rechargeable battery sector has been successfully completed from ore samples from Formation's Idaho Cobalt Project ("ICP"). This bench test work, outlined through a Memorandum of Understanding ("MoU") and Non-Disclosure Agreements ("NDA") with critical technology and equipment suppliers, has developed and tested the process of producing cobalt salts used in the rechargeable battery sector.
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