Capstone presents cobalt project in Santo Domingo

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This mine is 70% owned by Capstone and 30% by Korea Resources Corporation. It currently has copper-iron-gold production permits, but an updated technical feasibility report published last January includes higher CAPEX/ OPEX certainty and a preliminary economic assessment of cobalt sulfate production for batteries. According to the latest forecasts, cobalt production would last between 3 and 18 years, with an initial capital cost of US$ 2.18 billion.

 

Chile

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