Jervois to hit big time in cobalt world with major transaction

JERVOIS Mining has unveiled major corporate transactions aimed at it becoming a globally significant cobalt company including an underwritten A$313 million equity raising that’ll fund the US$160 million acquisition of a refining and specialty product business in Finland called Freeport Cobalt.

Jervois to hit big time in cobalt world with major transaction Jervois to hit big time in cobalt world with major transaction Jervois to hit big time in cobalt world with major transaction Jervois to hit big time in cobalt world with major transaction Jervois to hit big time in cobalt world with major transaction

Jervois' Idaho cobalt ground, USA

The latter is said to have been a "stable industry leading business that has produced cobalt products for key markets since 1968" and involves "contractual rights to refining capacity and ownership of