First Cobalt seeks government backing to restart Canadian refinery

First Cobalt seeks government backing to restart Canadian refinery
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18.11.2019

MOSCOW (MRC) -- First Cobalt Corp is in advanced talks with Canada's Ontario province to finance the USD37.5 million required to restart its idled cobalt refinery, President and Chief Executive Officer Trent Mell said, as per Hydrocarbonprocessing.If successful, such a deal would reduce First Cobalt's funding reliance on Glencore Plc, which in July agreed to extend $45 million in loans to

Full article at mrcplast.com

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