Business

First Cobalt to Present Refinery Opportunity at Shanghai Conference

First Cobalt to Present Refinery Opportunity at Shanghai Conference Canada NewsWir...

articleElectra Battery Materials CorpApril 8, 20194/company/electra-battery-materials-corp/news/first-cobalt-to-present-refinery-opportunity-at-shanghai-conference
First Cobalt to Present Refinery Opportunity at Shanghai Conference

About this update from Electra Battery Materials Corp

[{"type":"text","content":"\n\n\n\nFirst Cobalt to Present Refinery Opportunity at Shanghai Conference\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 8, 2019\n\n\n\nTORONTO, April 8, 2019 /CNW/ - First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQX: FTSSF) (the \"Company\") is pleased to announce President & CEO, Trent Mell will be presenting at the Fastmarkets MB Battery Materials 2019 conference in Shanghai, China this week.  \nIn conjunction with this conference, Mr. Mell will be meeting with a number of potential investors to discuss restart scenarios for the First Cobalt Refinery in Ontario, Canada. Conference participants include some of the world's largest cobalt miners, battery makers and electric vehicle companies.\nTrent Mell, President & Chief Executive Officer, commented: \n\"Asia is the most important hub for electric vehicle investment today – China's EV sales are anticipated to grow from just over 500,000 units in 2018 to over 5 million by 20251, while North American companies such as Tesla are in the process of building new factories in Shanghai. As we have now demonstrated the First Cobalt Refinery can produce battery grade material, I look forward to advancing discussing with potential partners.\" \nOn April 3, 2019, the Company announced that it successfully produced a high purity battery grade cobalt sulfate using the First Cobalt Refinery flowsheet. The First Cobalt Refinery is a hydrometallurgical cobalt refinery in Ontario, Canada, approximately 600 kilometres from the U.S. border, accessible by road or rail. \nThe First Cobalt Refinery has the potential to produce either a cobalt sulfate for the lithium-ion battery market or cobalt metal for the North American aerospace industry or oth...

More updates from Electra Battery Materials Corp