JERVOIS MINING WKN: 867183 ISIN: AU000000JRV4 Kürzel: IHS Forum: Aktien Thema: Hauptdiskussion

Jervois commences U.S. cobalt refinery site selection; costs refundable by U.S. Department of Defense Highlights: • Jervois commences a US$0.3 million site selection process (“Site Selection”) for its proposed cobalt refinery in the United States (“U.S.”), as the first stage of preparing a bankable feasibility study (“BFS”) for the refinery • BFS (including Site Selection) is fully-refundable by the U.S. Government via the previously announced US$15.0 million Department of Defense, Defense Production Act Title III funding agreement • Site Selection will consider technical, operational, environmental and safety parameters to underpin the long term competitiveness of a U.S.-located cobalt refinery, together with U.S. Government investment frameworks and incentives at the local, state and federal levels • BFS will be based on the flowsheet, initial engineering, environmental assessment and other BFS sections already developed by Jervois Finland and AFRY Finland Oy for the expansion in capacity of Jervois’ Kokkola operations which has been paused in favor of the proposed U.S.-located refinery • Cobalt is a critical mineral as declared by the U.S. Government due to cobalt’s defense, military and energy transition applications https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSTYM4Qy6zxGZquVvke92GA%3D%3D