About Us
eCobalt is a well-established Toronto Stock Exchange listed company traded under the symbol ECS. We are committed to providing clean cobalt products essential for the rapidly growing rechargeable battery and renewable energy sectors, made safely, responsibly, and transparently in the United States.
Our Idaho Cobalt Project (“ICP”) is located in the historic Idaho Cobalt Belt, near the town of Salmon in eastern Idaho. As the only environmentally permitted, primary cobalt project in the United States, the ICP has the opportunity to become a reliable and transparent source of cobalt supply in the face of rapidly growing demand for the metal. The project is 100% owned by the eCobalt’s wholly owned subsidiary, Formation Capital Corporation, U.S.
Over $120M has been spent on the project to-date and there is extensive Infrastructure already in place. Initial production is expected in 2019, ramping up to full commercial production in 2020. The project also demonstrates favourable long-term resource growth opportunities. Learn more…
Currently, ~100,000 tonnes of cobalt is produced in the world per year. The market for cobalt is projected to grow at a CAGR of over 11% over the next 10 years primarily due to growing demand for electric vehicles. Countries like Germany, France, the United Kingdom, and China have vowed to ban Internal Combustion Engines (ICEs) over the course of the next 10 to 20 years, making way for new renewable and more environmentally friendly energy sources, such as the lithium-ion batteries that power electric vehicles and rechargeable batteries like those found in mobile phones. Learn more…
We are building a production-ready team. eCobalt’s Management and Board of Directors are made up of industry professionals with incredible bench strength and proven expertise in all areas related to mining, corporate governance, finance and communications. Learn more…
It is eCobalt’s belief that a company is duty-bound to be responsive to the needs of all the groups and individuals affected by its operations; Employees, Contractors, Suppliers, Community Groups, Local Neighborhoods, Investors, Shareholders, Partners, & Others. We take our responsibility to the environment and surrounding communities very seriously. We believe the key to our success lies in maintaining a strong balance in our commitment to the environment, local populace, and our stakeholders. Opinions matter to us, therefore we strive to engage all levels of government and public whenever possible. If you have any questions, concerns or comments please contact us. Learn more…
