Jervois Mining agrees to buy Freeport Cobalt for $160mln

July 28, 2021 / www.metalbulletin.com / Article Link

Australia-listed Jervois Mining has agreed to purchase the Freeport Cobalt refinery in Finland for $160 million from Koboltti Chemicals Holdings, it said on Tuesday July 27.

The deal, Jervois said, could lead to the company growing into the world's second-largest producer of refined cobalt outside of China. Koboltti is a holding company owned by Freeport McMoRan and Lundin Mining.

The...

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