First Cobalt secures CAD10-million government funding for Canada refinery
Canada will provide a CAD5-million interest-free loan, the Ontario government will provide a CAD5-million non-repayable grant
Canadian startup First Cobalt Corp has secured CAD10 million (USD7.7 million) in government loans and grants to accelerate the expansion of its North America’s first cobalt refinery, Reuters reported on 16 December.
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