AZS 0.00% $3.69 azure minerals limited

Mexico Cobalt

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    This extract from Mining Weekly may have a bearing on Azure's interest in Mexico Cobalt.

    ""(Tesla CEO) Elon Musk and others are saying: 'Where do I get my cobalt if I don't want to go to the Congo?'" said First Cobalt CEO Trent Mell.
    Tesla has said it would like to source raw materials for its "Gigafactory" battery plant in North America.
    At least two more cobalt explorers with Ontario projects are planning listings on the Toronto Stock Exchange in coming months, an industry source said, requesting anonymity because the information is not public.
    That would follow the June listing of Cobalt 27, which raised C$200-million in the market's biggest mining initial public offering since 2012."


    So surely that is all good for us with our $28 mill cap fully underwritten by the  Alacran program which is getting under way funded by Teck.
    Last edited by JandJ: 26/08/17
 
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