Jervois Global Limited (AU:JRV) has released an update.
Jervois Global Limited has launched an underground drilling project at the RAM deposit of its Idaho Cobalt Operations, supported by a $15 million grant from the U.S. Department of Defense. This initiative aims to extend the already significant mineral resources of ICO, which boasts the largest and highest-grade cobalt deposit in the United States. The project, using local contractors, is part of a strategic effort to bolster domestic cobalt production, a mineral critical to aerospace, defense, and energy industries.
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