Jervois Officially Opens Its Idaho Cobalt Operations
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Jervois Global Limited officially opened its Idaho Cobalt Operations (ICO) mine site near Salmon, Idaho on Friday October 7, 2022. The mine is commencing a commissioning phase during October, with equipment undergoing final completion testwork ahead of continuous commercial concentrate production expected across Q4 2022. Full nameplate capacity remains expected by the end of Q1 2023.
Once it is fully commissioned, ICO will be the only primary cobalt mine in the U.S. and will produce a cobalt concentrate, which will be refined into the critical metal necessary for electric vehicles, energy generation and distribution, defense, and other industries. Cobalt will play a key role in the transition to a low carbon economy. Due to its many strategic applications and significant supply chain risks, cobalt is on the official U.S. Government list of critical minerals and has been front and center in all U.S. Government strategies in this area in recent years.
Jervois marked the occasion with a ceremony at the ICO mine site. It was attended by its board of directors, U.S. and Australian political figures, and signatories including Idaho Governor Mr. Brad Little; the Australian Ambassador to the U.S., the Hon. Arthur Sinodinos AO; Under Secretary for Science and Innovation at the U.S. Department of Energy, Dr. Geri Richmond; and the Deputy Assistant Secretary for Textile, Consumer Goods and Materials, U.S. Department of Commerce, Ms. Jennifer Knight.
The ceremony took place at 8,100 feet, surrounded by the Salmon Challis National Forest, which is managed by Jervois’ regulator, the U.S. Forest Service. Jervois’ strategy at ICO through each of development, upcoming mine operations and, in future years, rehabilitation, is to ensure that Idaho’s pristine natural environment, including its waterways, wilderness and air quality, remain protected.
Jervois’s ESG policies and standards are being implemented in Idaho, underpinning its strategy to become a leading global supplier of responsibly sourced battery minerals product. Jervois said it is proud to be commissioning ICO to expand the existing U.S. cobalt market position of sales of cobalt from Jervois Finland into the U.S.. ICO in operation will advance the company’s strategy of becoming a supplier to the U.S. auto industry in establishing a competitive and secure battery minerals supply chain.
About Jervois Global
Jervois Global Ltd is a cobalt company with nickel and copper exposure, refinery assets, and growth opportunities. The company’s project includes Idaho Cobalt, Sao Miguel Paulista Refinery, Nico Young, and other non-core assets.
To stop by Jervois Global’s website, CLICK HERE
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