U.S. military announces $20M US grant to build cobalt refinery in Ontario

U.S. military announces M US grant to build cobalt refinery in Ontario

The U.S. military has made its largest move so far in a novel national-security effort to fund mining initiatives in Canada.  The Pentagon on Tuesday announced a $20 million US grant to create a cobalt refinery in northern Ontario’s Temiskaming Shores. The money will go to the Toronto-based Electra Battery Materials Corporation; the government of Canada is adding … Read more