Previous Close | 0.0200 |
Open | 0.0250 |
Bid | 0.0200 x N/A |
Ask | 0.0250 x N/A |
Day's Range | 0.0250 - 0.0250 |
52 Week Range | 0.0200 - 0.1053 |
Volume | |
Avg. Volume | 191,442 |
Market Cap | 74.999M |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
(Bloomberg) -- Australian miner Jervois Global Ltd. is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply.Most Read from BloombergChemical Linked to Cancer Found in Acne Creams Including Proactiv, ClearasilNikki Haley Ends 2024 Bid, Setting Up Trump-Biden RematchHow Trump’s Ex-Treasury Chief Landed 2024's Highest-Profile US Bank DealNew York to Deploy National Guard to NYC Subways to Fight CrimeEgypt’s Devaluation and Record Rate Hike Put IMF
The U.S. Department of Defense (DoD) has entered into a $15 million agreement with the U.S. unit of Australian miner Jervois Global Ltd to conduct feasibility studies on expanding cobalt extraction in Idaho, to decrease reliance on overseas mineral sources. The agreement will enable Jervois Mining USA to undertake mineral resource drilling to expand currently known cobalt resources at its Idaho Cobalt Operations (ICO) and the adjacent Sunrise deposit.
The U.S. Department of Defense (DoD) has entered into a $15 million agreement with the U.S. unit of Australian miner Jervois Global Ltd to conduct feasibility studies on expanding cobalt extraction in Idaho, to decrease reliance on overseas mineral sources. The agreement will enable Jervois Mining USA to undertake mineral resource drilling to expand currently known cobalt resources at its Idaho Cobalt Operations (ICO) and the adjacent Sunrise deposit. The deal also allows Jervois to undertake studies to assess the feasibility of a domestic U.S. cobalt refinery.