QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Announces Results of Independent Studies Supporting Restart of Canadian Refinery
First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC), a vertically integrated North American pure-play cobalt company, this morning announced the results of three studies supporting a restart of the First Cobalt Refinery in Ontario, Canada. Per the update, the three independent studies were undertaken to estimate the capital requirements, operating costs, permit renewal timelines, potential feedstock options and offtake opportunities presented by the refinery. The permitting review concluded that a restart is possible within 18 months of selecting a feedstock under the base case scenario. “The First Cobalt Refinery is a strategic North American asset and potentially our quickest…