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US STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING
US STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING.
About this update from Chilean Cobalt Corp.
[{"type":"text","content":"\n\n\n\nUS STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nUS STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING\nPR Newswire\nST. LOUIS, Sept. 12, 2024\n\n\n\nST. LOUIS, Sept. 12, 2024 /PRNewswire/ -- US Strategic Metals (\"USSM\" or the \"Company\") is pleased to announce it has entered into a strategic partnership with Glencore AG, a wholly-owned subsidiary of Glencore plc (together, with its subsidiaries, \"Glencore\") and Chilean Cobalt Corp. (OTCQB: COBA) (\"C3\") to explore domestic United States (\"US\") downstream processing of cobalt and copper intermediate products from C3's La Cobaltera project in Chile. \n\n \n \n \n \n \n \n\n \nUS Strategic Metals has entered into a strategic partnership with Glencore AG and Chilean Cobalt Corp.On July 8, 2024, C3 announced an LOI with Glencore regarding an offtake agreement for cobalt and copper intermediate products, as well as a strategic partnership, for C3's La Cobaltera project in northern Chile.\nToday's announcement adds a processing LOI with USSM that builds upon this, with a three-way strategic partnership (the \"Agreement\") exploring collaboration on domestic US processing solutions with the objective of establishing an Americas-centric cobalt supply chain, connecting C3's La Cobaltera cobalt-copper project in Chile with USSM's integrated critical minerals processing site in Missouri, USA – which may include development of a dedicated processing line for La Cobaltera concentrate at USSM's site.  This is expected to strengthen US critical minerals supply chains while providing a sustainable and traceable source of raw materials for the growing domestic lithium-ion battery manufacturing capacity and high-performance metal alloy markets.  USSM, C3 and Glencore anticipate that the majority or full spectrum of cobalt and copper intermediate product stream will be shipped into th...