News: JRV Jervois Global Suspends Final Construction At Idaho Cobalt Operations

March 29 (Reuters) - Jervois Global Ltd (JRV) :

• SUSPENDS FINAL CONSTRUCTION AT IDAHO COBALT OPERATIONS
• FINAL CONSTRUCTION AT IDAHO COBALT OPERATIONS
• EXPECTS COBALT PRICES TO RECOVER OVER MEDIUM TERM
• EXPECTS TO COMPLETE CONSTRUCTION OF AND COMMISSION ICO WHEN COBALT PRICES RECOVER
• APPLIED FOR U.S. GOVERNMENT GRANT MONIES TO ACCELERATE DRILLING AIMED AT INCREASING ICO MINERAL RESOURCE AND RESERVE
• CONTINUES TO ENGAGE WITH U.S. DEPARTMENT OF ENERGY AND EXIM, OFFICIAL EXPORT CREDIT AGENCY OF U.S., ON FINANCING INITIATIVES