US Cobalt: UPDATE 1-First Cobalt buys US Cobalt in sprint to production
TORONTO/VANCOUVER, March 14 (Reuters) - First Cobalt Corp on Wednesday announced a friendly takeover of US Cobalt Inc as the Canadian mine developer accelerates its push to first production of the battery metal on forecasts for a boom in electric vehicles.
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US Cobalt is an exploration company that focuses on the acquisition and development of cobalt minerals for rechargeable batteries.
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