eCobalt Solutions Inc. (fka ECSIF)

[douginil]

eCobalt represents the only near term, cobalt deposit in North America

Posted on September 21, 2016 by Lara Smith

eCobalt Solutions Inc. (TSX:ECS | OTCQB: ECSIF), formally known as Formation Metals Inc. represents a unique opportunity for investors wanting exposure to the cobalt market. The company owns the Idaho Cobalt Project (ICP) and as the name suggests, the project is located in the USA. Why is this significant?

ICP represents the sole, advanced stage, near term primary cobalt deposit in the United States. At present the majority of cobalt is supplied from the Democratic Republic of Congo (DRC), which is responsible for roughly 69,500 tonnes of cobalt per annum out of a total 108,600 tonnes.

Read more at:
http://investorintel.com/technology-metals-intel/near-term-cobalt-deposit-north-america/