Cobalt Bloom

440,000 pounds Cobalt Historical Production

Canada Cobalt Works Inc.

Canada Cobalt Works Inc. (formerly Castle Silver Resources Inc.) is a growing cobalt focussed Company with past producing Canadian cobalt/silver mines under exploration, a proprietary metal separation process for efficient cobalt extraction plus a cobalt recovery division set up to recover cobalt from spent batteries. The Company is moving forward on all fronts with cobalt prices continuing to rise due to supply shortfalls as battery production ramps up to meet the increasing global demand for electric vehicles.

Cobalt Overview on the Properties

In addition to the Castle Silver Mine profitably operated by Agnico Eagle Mining in the 1980’s, the Company also has 100% ownership of the Beaver and Violet cobalt silver mine properties located near the historic Castle silver cobalt mine property.  Roughly 300,000 pounds of cobalt was mined from Castle over the years, see August 3rd 2015 Technical Report with Beaver having historical documented cobalt production of another 140,000 pounds…

Cobalt in the News

There hasn’t been a better time to have a cobalt project

Jack Bedder, Mineral economist at the research house Roskill, tells Proactive’s Andrew Scott there probably hasn’t been a better time to have a cobalt mining project.

”With the demand outlook as it is we’re going to need to see a lot of new projects enter production over the next few years”.

Battery Science: Interview with Benchmark Minerals Cobalt Specialist on Why Cobalt Will Remain in Electric Car Batteries

As electric vehicles become less niche, the batteries powering them need to keep up. Elon Musk tweeted that batteries for the Tesla Model 3 use less than 3 percent of …

After cobalt-free pledge, Panasonic to triple consumption

Panasonic Corp expects to more than triple its cobalt consumption in five years’ time, industry sources said, even as the company aims to develop cobalt-free automotive batteries in the near future.

Cobalt Demand to Grow at 14.5% per year to 2027 – Roskill Research

Cobalt prices have skyrocketed over the past 18 months. Prices remained in a narrow range between 2012 and 2016, averaging around US$13/lb. In the first quarter of 2017…

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