Jervois Expands Cobalt Refining Capacity in Kokkola, Finland

Jervois Global Limited (JRV) announced today it is commencing a Bankable Feasibility Study (BFS) to expand its cobalt refining capacity at the Kokkola Industrial Park in Finland.

Expansion Highlights

• Increase annual capacity from 6,250 to at least 12,250 metric tonnes of refined cobalt.
• Meet growing global demand for cobalt in batteries and other industries.
• Increase participation in cobalt regeneration through "closed loop" recycling.
• Support Jervois' strategy as a globally significant cobalt supplier.

Project Details

• The new refinery will be located near Jervois Finland's existing facilities.
• Expansion is expected to be at least 6,000 metric tonnes of annual capacity.
• Timing and financials will be determined by the BFS.

Jervois Finland Advantages

• Over 50 years of experience in cobalt production.
• Strong commitment to environmental and sustainability standards.
• Existing advanced manufacturing plants for cobalt products.