- Increasing electric vehicle adoption driving demand for battery grade cobalt
- Multi-project, vertically integrated pure-play cobalt company
- Added two more drill rigs at Iron Creek Project in Idaho
- Second cobalt mineralization trend identified at Cobalt Camp in Canada
Recent developments indicate that First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) appears to be having its cake and eating it too. In quick succession, the company announced, first, that it had identified a second cobalt mineralization trend in the Kerr Area of Cobalt Camp, Canada, and, then, that it had intensified exploration activities at its Iron Creek Project in Idaho, USA, by adding two more drill rigs. Together, these two announcements show that the company is cementing its position as a multi-project cobalt exploration company.
Demand for cobalt continues to rise as global adoption of electric vehicles (EVs) spreads; the metal is used in a variety of battery technologies. First Cobalt Corp., with headquarters in Canada, is a vertically integrated…
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