Post by
autofocus111 on Oct 06, 2022 6:10pm
US-based cobalt miner
Never heard of JVE.V. Penny stock traded on the Vancouver venture exchange.
>>>(Bloomberg) -- Booming demand for batteries powering the world’s shift into electric vehicles is rekindling US cobalt production after a nearly 30-year hiatus. Jervois Global Ltd. is starting the first US cobalt mine in Idaho on Friday, according to chief executive Bryce Crocker. The mineral sits “at the top of the table” in terms of national security, said Crocker. “There aren’t many new sources of supply, particularly in stable jurisdictions, which is why this mine in the US is very important,” Crocker said. Cobalt hasn’t been produced in the US since at least 1994, according to data from the United States Geological Survey.
https://www.bnnbloomberg.ca/first-us-cobalt-mining-operation-to-begin-after-more-than-30-year-hiatus-1.1829128