TMC the metals company, has produced the world’s first cobalt sulfate derived exclusively from seafloor polymetallic nodules. The cobalt sulfate was generated during bench-scale testing of TMC‘s hydrometallurgical flowsheet design with SGS Canada. The test work was carried out at SGS’ Metallurgical Centre of Excellence testing facility in Lakefield, Ontario. Based on samples of nickel-cobalt-copper matte first produced by TMC in 2021, the Extractive Metallurgy team at SGS tested TMC’s efficient flowsheet to process high-grade nickel-copper-cobalt matte directly to high-purity cobalt sulfate without making cobalt metal, while producing fertilizer byproducts instead of solid waste or tailings. This milestone follows last month’s successful production of nickel sulfate, a key raw material input used in the production of energy-dense electric vehicle batteries.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMC:
- Metals Company appoints Brendan May to board of directors
- TMC Commends U.S. House of Representatives for Allocating Defense Funding to Assess the Feasibility of Domestic Nodule Refining Capacity
- Metals Company ‘commends’ U.S. House of Representatives’ funding allocation
- The Metals Company options imply 10.7% move in share price post-earnings
- TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet to International Seabed Authority