Cobalt Bloom

440,000 pounds Cobalt Historical Production

Canada Cobalt Works Inc.

Canada Cobalt Works Inc. (formerly Castle Silver Resources Inc.) is a growing cobalt focussed Company with past producing Canadian cobalt/silver mines under exploration, a proprietary metal separation process for efficient cobalt extraction plus a cobalt recovery division set up to recover cobalt from spent batteries. The Company is moving forward on all fronts with cobalt prices continuing to rise due to supply shortfalls as battery production ramps up to meet the increasing global demand for electric vehicles.

Cobalt Overview on the Properties

In addition to the Castle cobalt silver mine profitably operated by Agnico Eagle Mining in the 1980’s, the Company also has 100% ownership of the Beaver and Violet cobalt silver mine properties located near Castle.  Roughly 300,000 pounds of cobalt was mined at Castle over the years, see August 3rd 2015 Technical Report with Beaver having historical documented cobalt production of another 140,000 pounds.

Cobalt in the News

Written Testimony of Simon Moores, Managing Director, Benchmark Mineral

Since my last testimony only 14 months ago, we have reached a new gear in this energy
storage revolution which is now having a profound impact on supply chains and the raw
materials that fuel it

Ford to lead blockchain pilot that traces cobalt mined in Congo

Automaker Ford has partnered up with IBM, South Korean battery maker LG Chem and China’s largest cobalt producer Huayou Cobalt to test the first blockchain project to trace supplies of the metal from Democratic Republic of Congo (DRC)

LME launching Fastmarkets-settled cobalt

The final settlement price will be an arithmetic average of the twice-weekly Fastmarkets standard-grade cobalt price in the expiring contract month. Fastmarkets achieved type 1 IOSCO assurance for its standard-grade cobalt price in August last year.

How cobalt has a small Ontario town dreaming of boom times once again

A small northern Ontario town may soon become extremely important to the increasingly battery-powered world. Abandoned silver mines in Cobalt, Ont., could mean a boom for the once-thriving mining town as battery demand prompts a cobalt rush.

Canada Cobalt Works Online Forum

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