Formation Metals delays cobalt project

Dec 12, 2012 | 01:15 PM | Thorsten Schier

Tags  cobalt, Idaho, Formation Metal, Mari-Ann Green, Thorsten Schier

NEW YORK — Formation Metals Inc. has not yet secured funding to complete its Idaho cobalt project, pushing back a projected third-quarter 2013 start-up date. “It’s obviously pushed things out for us with regards to starting production,” a spokesman told AMM. However, he added that a 2013 start-up of the project, which consists of a mine, a concentrator and a nearby electrowinning cobalt production facility that the company is....

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