COBALT
Metals miner and developer Metals X has told shareholders that it was weighing its options at its Wingellina and Maroochydore projects, in Western Australia, as cobalt prices and demand surged.
The company said that the surge in cobalt prices and the ‘apparent fundamental shift’ in cobalt demand had to potential to justify the development of the Wingellina project as either a stand-alone cobalt project, or a more typical nickel project with strong co-product revenue.
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