Jervois Mining? Interesting, I’m read up on that, thanks.
Jervois Mining? Interesting, I’m read up on that, thanks.
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DOD Enters Agreement to Expand Domestic Manufacturing and Strengthen U.S. Cobalt Supply Chains
EXCERPT (read carefully):
The Office of the Assistant Secretary for Industrial Base Policy (OASD(IBP)), through its Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office entered an agreement with Jervois Mining USA, a subsidiary of Jervois Global Limited, to conduct feasibility studies to expand cobalt extraction in Idaho.
The $15 million agreement, entered into under Defense Production Act (DPA) Title III authorities and utilizing funds appropriated by the Additional Ukraine Supplemental Appropriations Act, will enable Jervois to undertake mineral resource drilling that will accelerate the improved definition and expansion of currently known cobalt resources at Jervois’s Idaho Cobalt Operations (ICO) and the adjacent Sunrise deposit and studies to assess a domestic U.S. cobalt refinery. The project is a critical step in the U.S. effort to decrease reliance on overseas sources of strategic and critical minerals.