NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Continues Exploration Efforts as Cobalt Demand is Projected to Double by 2027

December 19, 2018 15:07:56

As demand for cobalt is forecasted to skyrocket, pure-play cobalt company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) continues exploration at its flagship asset, the Iron Creek Cobalt Project in Idaho. An article discussing the company reads, “Cobalt is relatively scarce, and demand for it is on the rise worldwide, being fed by the lithium-ion battery industry. A lot of the global cobalt sourcing is facing major challenges because of an extensive dependence on the resource found in the Democratic Republic of the Congo. Child labor is common there, giving alternative producers like First Cobalt a significant ethical advantage. … Industry analysis suggests that the demand from the li-ion battery sector alone will more than double until 2027. There are also concerns about the inability of cobalt miners to continue meeting this demand after 2021. Predictive analysis further confirms the importance of the work First Cobalt is doing at the Iron Creek Cobalt Project.”

To view the full article, visit

About First Cobalt Corp.

First Cobalt is a vertically integrated North American pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, the Canadian Cobalt Camp and the only permitted cobalt refinery in North America capable of producing battery materials. For more information, visit

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office