TORONTO (miningweekly.com) – Project developer Fortune Minerals has produced a premium high-purity cobalt sulphate heptahydrate sample from cobalt sulphate product previously produced for the company in a pilot plant, from concentrates originating from the Nico gold/cobalt/bismuth/copper deposit, in the Northwest Territories.
Mining services provider SGS Canada produced the ultra-pure sample which exceeded the chemical specifications for cobalt sulphate heptahydrate received from several large manufacturers of lithium-ion batteries.
Fortune on Friday reported that SGS produced the sample to provide product for testing by a potential offtake customer.
The sample was also produced to test minor changes to the process flow sheet Fortune planned to use at its proposed refinery near Saskatoon, Saskatchewan.
Fortune stated that discussions for offtake agreements for its cobalt product with potential customers continued to advance to support project financing.