The report, the company said, included the following recommendations: To secure cobalt supply and guard against price fluctuations, the United States could consider investing in battery recycling infrastructure and technology development. Immediate focus should include investment to increase capacity and scale-up of recycling facilities, and investigation of pathways for early Federal purchase of recycling waste streams to the furthest extent possible.
Executive actions could include grants, loans, and policies to encourage safe domestic recycling. Some examples of potential legislative actions could include tax incentives, a landfill ban, an extended producer responsibility mandate, or a recycling mandate.
American Manganese said the report comes as its RecycLiCo battery recycling work continues to progress.
Students are taught about the periodic table of elements with clever tricks to remember them (AU, bring back my gold!). But have you heard about rare earth elements? On Thursday, June 3, from 6-7 p.m.…
First Cobalt more than doubles holdings in Idaho
First Cobalt President and CEO Trent Mell outside the Iron Creek adit. (
Canada’s First Cobalt (TSX-V:FCC) has more than doubled its holdings in Idaho, US, around what it describes as one of the few primary cobalt deposits in the world, its Iron Creek project.
The expansion, the second in a month, increases the company’s land position to over 1,820 hectares thanks to an earn-in agreement into Phoenix Copper’s (LON: PXC) Redcastle cobalt asset.
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Redcastle is next to First Cobalt’s Iron Creek project and east of the Toronto-based miner’s Ruby Zone cobalt-copper prospect.
First Cobalt more than doubles holdings in Idaho
First Cobalt President and CEO Trent Mell outside the Iron Creek adit. (
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has more than doubled its holdings in Idaho around its Iron Creek project, which the company describes as one of the few primary cobalt deposits in the world.
The expansion, the second in a month, increases the company’s land position to over 1,820 hectares thanks to an earn-in agreement into
Phoenix Copper’s (LSE: PXC) Redcastle cobalt asset.
Redcastle is next to First Cobalt’s Iron Creek project and east of the Toronto-based company’s Ruby Zone cobalt-copper prospect.
Published 17 May 2021
Rare earths elements (REEs) are used in cancer treatment and electric engines, telescope lenses and TVs, cellphones and fighter jets. Many REEs are extracted and refined almost entirely in China. The U.S. was 100% net import reliant on rare-earth elements in 2018, importing an estimated 11,130 metric tons of compounds and metals valued at $160 million. The Department of Energy is funding research to make separating rare earths easier and more efficient, and to promote recycling. “There is a clock ticking in the background of this race for a rare-earth supply chain. There is a danger that the electric vehicle market, which will demand large quantities of critical minerals including rare earths, may move faster than the rare-earth supply chain, which would feed it,” Sabri Ben-Achour writes.