eCobalt validates only US-based primary cobalt project with ‘robust’ feasibility study

eCobalt Solutions has revealed positive economics from a feasibility study (FS) of the company's flagship Idaho Cobalt Project (ICP), the only environmentally permitted, primary cobalt project located in the US. Based on an underground mine, the FS envisions a target production rate of 800 short tons a day and a weighted average annual output of 2.4-million pounds of of cobalt, 3.3-million pounds of copper and 3 000 oz of gold over a 12.5-year mine life. The FS used a 0.25% cobalt cutoff grade.