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Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).


TSXV:JRV - Post by User

Comment by heiworm392on Nov 23, 2021 3:30pm
149 Views
Post# 34158528

RE:This thing is at the top of a former glacier

RE:This thing is at the top of a former glacier
"Jervois anticipates that weather conditions will have a significant influence on winter construction plans."

A lot of us have been here before.  It always starts with the "winter delay excuse".   Everybody is getting excited because Cobalt ticked up. Well....  that is cobalt.  It goes up, but then it crashes. It is most definetely going to crash, and crash hard (LFP batteries, Solid state, 4860, etc).  The U.S. has sworn off cobalt completely in there medium and long term plans, and China has already done the same.  As prices go up, and instability sets in, all EV makers will be ditching cobalt.

This winter delay will in all likelyhood push us from 2022 to 2023.  And the candle continues to burn. 



https://www.miningmagazine.com/simulation-optimisation/news/1422064/jervois-global-reviewing-construction-timetable

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