Brief: Jervois Global Suspends Final Construction at Idaho Cobalt Operations

Jervois Global

29/03/2023 06:59

March 29 (Reuters) - Jervois Global Ltd  JRV.AX :
    * SUSPENDS FINAL CONSTRUCTION AT IDAHO COBALT OPERATIONS
    * SUSPENDS FINAL CONSTRUCTION AT IDAHO COBALT OPERATIONS
    * EXPECTS COBALT PRICES TO RECOVER OVER MEDIUM TERM
    * EXPECTS TO COMPLETE CONSTRUCTION OF AND COMMISSION ICO
WHEN
COBALT PRICES RECOVER
    * APPLIED FOR U.S. GOVERNMENT GRANT MONIES TO ACCELERATE
DRILLING
AIMED AT INCREASING ICO MINERAL RESOURCE AND RESERVE
    * CONTINUES TO ENGAGE WITH U.S. DEPARTMENT OF ENERGY AND
EXIM,
OFFICIAL EXPORT CREDIT AGENCY OF U.S., ON FINANCING INITIATIVES

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