eCobalt Solutions has reported plans to increase the targeted mine production rate at its Idaho Cobalt Project from 800 metric tons per day (mt/d) to 1,200 mt/d. The company anticipates that the new mine plan, with improved economies of scale, will create a more resilient project that can withstand the volatility recently experienced in the cobalt market.
The Idaho Cobalt Project is based on 243 contiguous unpatented lode mining claims in east-central Idaho, approximately 41.5 kilometers (km) west of the town of Salmon. The project will produce a marketable cobalt concentrate.
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