PROJECT FINANCE

Jervois cobalt costs rise

JERVOIS Global’s costs to commission its Idaho Cobalt Operations in the US have risen, with the company confirming an A$11 million increase in its budget.

 Idaho has been hit by inflation

Idaho has been hit by inflation

The budget has expanded from US$99 million to $108 million, including an increase of $4 million in its contingency.    It has also committed an extra $3.6 million for drilling, adding to $1.2 million...

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