First Cobalt is a North American pure-play cobalt company whose flagship asset is the First Cobalt Refinery. Our strategy at First Cobalt is to explore, develop and refine ethically sourced cobalt within North America for sale back into the American battery market. We are focused on three strategic assets to execute on this strategy:
- The only permitted cobalt refinery in North America capable of producing battery materials
- The Iron Creek Project in Idaho, USA has an Indicated Resource of 2.2 million tonnes at 0.32% cobalt equivalent (0.26% cobalt and 0.61% copper) for 12.3 million pounds of contained cobalt and 29 million pounds of contained copper as well as an Inferred Resource of 2.7 million tonnes at 0.28% cobalt equivalent (0.22% cobalt and 0.68% copper) for an additional 12.7 million pounds of contained cobalt and 40 million pounds of contained copper. (November 2019)
- More than 50 past producing mines in the Canadian Cobalt Camp.
Our Board and Management teams are a diverse group of experienced mine-builders, mine-operators, financiers and company-makers, positioning First Cobalt to be at the forefront of the cobalt-driven battery movement in the coming years.