Jervois Global Ord Shs V.JRV

Alternate Symbol(s): JRVMF

Metals & Mining Industrial Metals & Minerals

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).

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Jervois Global Ord Shs > Nico Young

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Post by CARSALESMANon Apr 19, 2023 6:55pm

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Post# 35404063

Nico Young

Jervois to sell its part of Nico Young.

As part of an ongoing portfolio review, Jervois has determined that Nico Young is no longer core to the company’s strategy. Jervois will commence a divestment process in Q2 2023. Jervois expects to pursue the sale of all or part of its 100 per cent interest in Nico Young subject to realizing adequate value for the asset through a sale transaction.

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Advancing flagship Ishkõday Gold Project in Ontario