First Cobalt Corp and Glencore have agreed to discuss a long-term feed purchase contract instead of the tolling arrangement originally contemplated.
The Canada-headquartered company, which is working to recommission and expand a currently idled cobalt refinery in Canada, said it had decided to be a market purchaser of feedstock, rather than a toll refiner.The companies had previously agreed that First Cobalt would treat cobalt feed material supplied from Glencore's operations...