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Castle sees cobalt opening

Canadian junior Castle Silver Resources (CN: CSR) aims to breathe new life into the Cobalt Camp, an historical silver-producing district in Ontario, Canada and become a primary cobalt producer in the process.

Energy Minerals > Resourcestocks-company-profiles

Castle sees cobalt opening

Canadian junior Castle Silver Resources (CN: CSR) aims to breathe new life into the Cobalt Camp, an historical silver-producing district in Ontario, Canada and become a primary cobalt producer in the process.

Castle sees cobalt opening

Castle and Beaver were previously mined for silver but the quartz and calcite veins also contain high-grade cobalt

Cobalt, more so than lithium, has become one of the most sought-after commodities due to the projected increase in production of batteries for electric vehicles (EVs) and power storage systems for renewable energy generation. Cobalt is used in three of the four types of batteries used by electric car-makers.