First Cobalt has held preliminary discussions with Canadian government officials on the creation of a lithium-ion battery park on the same site as its battery materials hydrometallurgical refinery north of Toronto, the company said.
The goal is to attract a precursor manufacturer to the site to recycle black mass from spent lithium-ion batteries, recovering nickel and cobalt in the process, it noted.Along with nickel, the First Cobalt refinery, which is scheduled to be commissioned in the fourth quarter of 2022, will refine third party cobalt hydroxide intermediate product into a high purity, battery grade cobalt sulfate suitable for...