Let's see what's in the news lately:
A cobalt treatment facility 5km from Cobalt, Ontario is looking at potentially coming out of care and maintenance for the first time since 2015 - potential toll treatment option? https://www.northernontariobusiness...ing/cobalt-refinery-would-be-restarted-898756
The article notes that First Cobalt (has gone from 5 cents to a peak of $1.44, nice 30 bagger over the last 2 years) the owner of the refinery, is permitted to treat "North American feedstock" - interesting.
It also points out that there are early cashflow opportunities for treating "muckpile" (tailings) - interesting.
The cobalt/silver ore in the area is sulfide ore which contains a lot of arsenic. There's plenty of options for high grade sulfide concentrate, even shipping it out by truck far off locations for treatment could very well be economic given the relatively small amounts of concentrate that need to be moved.
There's also a local article about MEI: https://www.northernontariobusiness...c-landing-for-australian-cobalt-hunter-919453
Nearby JV deals going on with Glencore: https://investingnews.com/daily/res...ario-cobalt-properties-surge-exploration-inc/
