Ann: Jervois to present at SAFE Summit 2024 in Washington D.C., page-8

United States will need cobalt primarily for battery production, national security reasons, technological innovation across industries, and the transition to clean energy sources.

Cobalt plays a vital role in the defense industry, particularly in the production of military equipment and technologies. Ensuring a stable and domestic supply of cobalt is essential for national security reasons, as it reduces reliance on foreign sources that may be subject to geopolitical uncertainties or disruptions.

Kind regards,