https://www.engineeringnews.co.za
Automotive|Business|Energy|Engineering|Industrial|Manufacturing|Refinery|Manufacturing
Automotive|Business|Energy|Engineering|Industrial|Manufacturing|Refinery|Manufacturing
automotive|business|energy|engineering|industrial|manufacturing|refinery|manufacturing-industry-term

Jervois shortlists locations for US cobalt refinery

26th February 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Australia-based Jervois Gobal has identified two preferred locations for its bankable feasibility study (BFS) for a US-located cobalt refinery, with AFRY USA leading the initiative.

The shortlisted industrial sites are in the states of Pennsylvania and Louisiana.

The proposed US cobalt refinery aims to produce cobalt sulphate, a critical component for electric vehicle batteries. Jervois anticipates a significant surge in demand for cobalt from 2025 onwards, based on negotiations with various automotive companies, particularly those in the US.

The US cobalt refinery is also expected to become a hub of cobalt recycling in the US. Leveraging Jervois’ global leadership in closed-loop supply chains of critical minerals, the refinery will capitalise on the company’s advanced cobalt manufacturing facility in Kokkola, Finland.

Jervois has invested $155-million to construct the sole primary cobalt mine in the US, near Salmon, Idaho.

Collaborating with the US government, the company is exploring ways to vertically integrate its US cobalt business. The objective is to establish a seamless connection between cobalt mine and refinery production, enhancing national resilience for US consumers who currently rely on imported refined cobalt.

To support its plans, Jervois has submitted an application for a US cobalt refinery under the Department of Energy ATVM Loan Program. The company’s approach is further supported by the existing Department of Defense $15-million Agreement Funding, ensuring full reimbursement for basic engineering and bankable feasibility study, along with site selection.

Edited by Creamer Media Reporter

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:3.785 3.848s - 288pq - 2rq
Subscribe Now