Geotechnical drilling is underway to assist within the design of the foundations of the brand new solvent extraction constructing, copper sulphate crystallizer constructing, and the effluent remedy facility. Enhancements to the refinery entry street are full, and it may well now deal with the heavier visitors of transport vans.
First Cobalt has additionally added to the challenge crew with the current addition of a well being, security and logistic superintendent and a well being, security, setting and coaching co-ordinator.
Present exercise is funded by the C$14 million within the firm’s treasury, though debt financing of $45 million is being organized.
The refinery final operated from 1996 to 2015. When it restarts, it should produce over 5,000 tonnes of cobalt yearly in 25,000 tones of cobalt sulphate. That represents 5% of the worldwide market.
(This text first appeared within the Canadian Mining Journal)