Rio may acquire up to an 80% interest in the project in northern Saskatchewan by incurring a total of $12 million in exploration expenditures over 6 years.
Recent accidents suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “environmentally sensitive” way.
Logistics problems are lifting cobalt prices during pandemic, but plans for world's largest cobalt mine could deliver longer term boost, says new report.