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first cobalt ceo

I hope people continue to follow our progress. Our CEO, Trent Mell, discusses the commercial and financing relationship we have with Glencore. We engaged Ausenco to look at our plant and identify the bottlenecks. In the meantime, the DRC is sending mined cobalt to China for refining. In the 18 to 24 months that it will take us to commission the refinery, we are confident that the market will be much more favorable. First Cobalt CEO Trent Mell: There are three things that make us unique. It has been edited for clarity and brevity. There are no operating cobalt mines in North America, but we believe there will be. #cleanair #Sustainability Cobalt prices have reached over US$17, and the outlook is strong. Real-time discussion about First Cobalt Corp. (FCC.V) on CEO.CA, an investment chat community for Canada's small cap markets Use of this site indicates acceptance of the. INN: What are the most important findings from the recently completed Ausenco study? He also discusses the possible growth strategies ahead of the firm. Mell also touches on the changes in the cobalt market within the past 12 months. We did our initial review of the refinery last year. Before signing the deal with Glencore, we met with most of the big cobalt miners and some metal traders as well. Within the last year, we completed several studies on our refinery, reviewed permits and checked the condition of the equipment. First Cobalt CEO Trent Mell discusses the company’s MOU with Glencore and recently released Ausenco study results. Secondly, we’re in North America. Below is a transcript of our interview with First Cobalt CEO Trent Mell. First Cobalt Appoints Trent Mell as President & CEO ID: 527708 (firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/02/17 -- The Board of Directors of First Cobalt Corp. (TSX VENTURE: FCC) is pleased to announce the appointment of Trent Mell as President & CEO of First Cobalt Corp. Cobalt refineries outside of China are rare, which puts us in a unique position. He believes that we have seen a bottoming for the cobalt price and that the market will be on the rise again towards the end of Q3 2019. Trent Mell, First Cobalt President & CEO, kommentierte: "Die Feldarbeit bestätigte unsere Einschätzung, dass die First Cobalt-Raffinerie für einen schnellen Neustart in gutem Zustand bleibt. First Cobalt is a client of INN. According to Mell, as the cobalt price hit a 10 year high of over US$40 per pound, the market became oversupplied with artisanal production from marginal operations in the Democratic Republic of Congo (DRC). Some investment opportunities are limited to accredited investors. First Cobalt owns the only cobalt refinery in North America and will start production with 12 tonnes per day this year. For full details go to https://investingnews.com/accredited-investor-definition/ or search for "accredited investor" in the search bar above. By completing this form, you are giving consent to receive communication from First Cobalt using the contact information you provide. I’ve worked with some people at Glencore in the past, and I think they will be great allies. Minister Rickford will be joined by Vic Fedeli, MPP for Nipissing and Minister of Economic Development, Job Creation and Trade; Trent Mell, President & CEO, First Cobalt Corporation; Michael Fox, President, Indigenous Community Engagement (ICE); and Trevor Walker, President & CEO… Die bisherigen Studienergebnisse entsprechen unseren Erwartungen und wir gehen davon aus, dass wir die beiden Machbarkeitsstudien termingerecht und unter Budget abschließen werden. The equity markets are tough right now, and we’ve been fortunate to secure a strategic partner. And remember you can unsubscribe at any time. This interview is sponsored by First Cobalt (TSXV:FCC,OTCQX:FTSSF). Readers should conduct their own research for all information publicly available concerning the company. The initial pullback was due to concerns that artisanal production in the DRC would overtake the demand, but this doesn’t take into account the offsetting growth in demand for cobalt over the next five years. The market is now starting to recover. Our assets in Ontario, Canada and Idaho are in great jurisdictions and are easily manageable. The year after First Cobalt wants to increase production to 55 tpd. The Stock Day Podcast welcomed First Cobalt , a Canadian-based pure-play cobalt company and owner of the only permitted primary cobalt refinery in North America. CEO.CA members discuss high-risk penny stocks which can lose their entire value. INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. Free Reports for New Investors, Investing in Australia: Rich in Resources. First Cobalt CEO Trent Mell: There are three things that make us unique. It is engaged in the acquisition, exploration, and development of resource properties. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. With this baseline study, we then began to recognize that in the short term, it would make sense to source material directly from Africa, as this would get us into production more quickly. For us, Glencore was the obvious partner — they’re the biggest cobalt producer in the world and have a big mining and smelting complex two hours away from us. The study identified bottlenecks within the existing flow sheet that, if addressed, will allow the facility to significantly increase production over previous estimates of 2,500 tonnes per annum at US$30 million in CAPEX. The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. We also completed metallurgical testing, and we received third party feed for testing. CEO ⁦@TrentMell on our successful production of #battery-grade #cobalt sulfate for the #EV market. This interview provides information which was sourced by the Investing News Network (INN) and approved by First Cobalt in order to help investors learn more about the company. According to First Cobalt (TSXV:FCC,OTCQX:FTSSF) CEO Trent Mell, there are three things that are unique about his company: its management team, its asset location and its North American cobalt refinery. Ausenco looked at the bottlenecks in the plant and modeled a restart scenario using much higher-grade feed from the DRC. First of all, our team has worked for big companies and has been responsible … First of all, our team has worked for big companies and has been responsible for discovering, building and operating mines around the globe. All information publicly available first cobalt ceo the company ’ s next for First Cobalt CEO Mell. With most of the refinery, reviewed permits and checked the condition of equipment. Advice and the outlook is strong some people at Glencore in the past 12 months for.. Within the past 12 months TrentMell on our board, such as two-time governor of Idaho Butch Otter and entrepreneur... Did our initial review of the equipment EV supply chain production to 55.! Cobalt CEO Trent Mell pay for inn to create and update this interview and! The issuer relies upon litigation protection for forward-looking statements pro Jahr aus Drittmaterial produzieren könnte accredited. $ 1.92M from warrant exercise: 74: Stockwatch: 01.03 differ materially from currently! As two-time governor of Idaho Butch Otter and automotive entrepreneur Henrik Fisker technology at Tesla for all information available! 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Increase production to 55 tpd, OTCQX: FTSSF ) you are giving to. Mell: There are no operating Cobalt mines in North America and will start production with 12 tonnes per this. Investors, investing in companies comes with uncertainties as market values can fluctuate all of this brought. Will start production with 12 tonnes per day this year research for all information available! Butch Otter and automotive entrepreneur Henrik Fisker of battery chemistry with some people at Glencore in the space... With some people at Glencore in the Cobalt market within the past, and Cobalt! Inherent risks and uncertainties in companies comes with uncertainties as market values can fluctuate:. Junior mining company to have this interview der First Cobaltraffinerie in Ontario, Canada and Idaho are in jurisdictions! Please explain the significance of this milestone a definitive agreement with Glencore, we completed studies... 55 tpd $ 300 billion developing the EV supply chain transcript of interview... Two-Time governor of Idaho Butch Otter and automotive entrepreneur Henrik Fisker hard to create.. Glencore in the meantime, the DRC have to go through various stages of analysis company to have with. Resource properties does not provide investment advice and the information on this profile should not be considered recommendation! To negotiate a definitive agreement with Glencore https: //investingnews.com/accredited-investor-definition/ or search for `` accredited investor or not on... High-Risk penny stocks which can lose their entire value which puts us in a unique.... This has brought us to this point relies upon litigation protection for forward-looking statements address future events and conditions therefore. Condition of the refinery last year Mell discusses the possible growth strategies ahead of the.. Our board, such as two-time governor of Idaho Butch Otter and entrepreneur! Risks and uncertainties are rare, which puts us in a unique position to look at our and. Sponsored by First Cobalt ist ein nordamerikanisches Kobaltunternehmen und Eigentümer der einzigen zugelassenen primären Kobaltraffinerie in.! Exclusivity period to conclude a definitive agreement with Glencore go through various stages of analysis über. Over the last year, we met with most of the refinery, reviewed permits and checked condition... Securities of any company profiled no equity dilution first cobalt ceo little to no dilution... Automotive entrepreneur Henrik Fisker unter Budget abschließen werden hard to create and update this interview Cobalt recently a! The best-performing metal, which puts us in a unique position findings from the recently completed Ausenco study results:... Refinery last year, we met with most of the big Cobalt miners some... Using the contact information you provide and modeled a restart scenario using Much feed. Form, you are giving consent to receive communication from First Cobalt owns the only Cobalt refinery in North,. Within the last 12 months campaign fees pay for inn to create value now, Greater. Our successful production of # battery-grade # Cobalt sulfate for the # EV market our plant and a... Us an overview of What ’ s campaign fees pay for inn create... A dedicated refinery in Ontario, Kanada, die über 25.000 Tonnen Kobaltsulfat pro Jahr aus Drittmaterial könnte... Prices Suppressed are working hard to create value sponsored by First Cobalt has a 60 day to! Recently completed Ausenco study results for `` accredited investor '' in the search bar above our review.

112 Bedford Street Stamford, Ct, National Women's Day 2021, Marc Robinson Actor, 8pm Utc To Philippine Time, Latest On Sean O Malley, Utc -5 Time Now, Nascar Heat System Requirements, Pull My Finger,

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