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The timing looks good for Jervois Mining with the bankable feasibility study for its Idaho cobalt project in USA imminent just as the cobalt price shows some signs of life.
Jervois Mining's Idaho cobalt project in Idaho, USA
Cobalt has risen about 10-15% this month to levels around US$33,000 per tonne - versus more than $90,000/t at its peak in 2017 - and Macquarie is optimistic there could be more appreciation ahead.
Commodity price collapse stymies development
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