Bullboard - Stock Discussion Forum Coniagas Battery Metals Inc. V.COS

Alternate Symbol(s): CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also... see more

TSXV:COS - Post Discussion

Coniagas Battery Metals Inc. > DRC cobalt and European Warehouses;

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Post by dothemathpeople on Aug 08, 2024 8:45am

DRC cobalt and European Warehouses;

Basically stating that their Canadian properties are worth nothing;

Coniagas has successfully identified potential monthly shipments of 200 to 500 tonnes of cobalt-copper concentrates from European warehouse operators, ensuring a reliable supply of high-quality raw materials. This complements the significant stockpiles in the Democratic Republic of the Congo reported in an earlier press release, which total approximately 30 million tonnes with industry-leading grades ranging from 1 per cent to 6.5 per cent copper and from 0.05 per cent to 4.5 per cent cobalt. This expansionary approach underpins the company's Feed First strategy, which prioritizes reliable, long-term metal sources to support continuous production and supply chain resilience.