First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Acquires 100 Percent Ownership of Promising Idaho Project amid Domestic Cobalt Sourcing Concerns
First Cobalt clears obligations through full acquisition to streamline plans for Idaho cobalt resource Company fully funded for all current exploratory projects stretching into next year as it awaits current resource estimate Cobalt demand has soared with worldwide increase in usage of electric vehicles that have cobalt-needy batteries Market tightening expected to continue for cobalt, leading to forecasts of 12,000-metric ton supply gap by 2021 Vertically integrated pure-play cobalt company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) is putting the spurs to its strategy of exploring, developing and refining material in North America for sale back into the…