QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Continues Exploration Efforts as Cobalt Demand is Projected to Double by 2027
As demand for cobalt is forecasted to skyrocket, pure-play cobalt company First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) continues exploration at its flagship asset, the Iron Creek Cobalt Project in Idaho. An article discussing the company reads, “Cobalt is relatively scarce, and demand for it is on the rise worldwide, being fed by the lithium-ion battery industry. A lot of the global cobalt sourcing is facing major challenges because of an extensive dependence on the resource found in the Democratic Republic of the Congo. Child labor is common there, giving alternative producers like First Cobalt a significant ethical advantage.…