Jervois Global announced on Thursday, 10 Nov 2022, that it is undertaking a fully underwritten A$231 million equity capital raising . The institutional placement and the institutional component of its 1 for 5.42 pro-rata accelerated non-renounceable entitlement offer has now successfully completed. Approximately A$177 million was raised across the [...]
Jervois approves Final Investment Decision on São Miguel Paulista refinery restart,1 focused on delivering Stage 1 forecast of 10,000 mtpa nickel and 2,000 mtpa cobalt metal cathode2 First production at SMP expected in Q1 2024 Commissioning underway at Idaho Cobalt Operations; expected commercial concentrate production in Q4 2022, and nameplate [...]
Jervois Global Ltd. has approved for Jervois Finland operations a net zero Scope 1 and 2 greenhouse gas emissions target by 2035 and a Carbon Reduction Roadmap of actions that can be taken by Jervois Finland to reach this goal. The Roadmap sets Scope 1 and 2 GHG emission reduction targets of 40% by 2025, 60% by 2030 and 100% by 2035 from its 2020 [...]
Jervois Global Ltd. Corporate Information 1,519.7M Ordinary Shares 93.6M Options 4.4M Performance Rights Non-Executive Chairman Peter Johnston CEO and Executive Director Bryce Crocker Non-Executive Directors Brian Kennedy Michael Callahan David Issroff Company Secretary Alwyn Davey Contact Details Suite 2.03, 1-11 Gordon Street Cremorne Victoria [...]
Jervois Global Ltd. advises it has secured access to long term, renewable electricity at its Finland operations as a flow through from two, separate, 10 year contracts with Statkraft AS and Gasum Oy which Umicore has entered into for its adjacent business. Under Jervois and Umicore's operating relationship at the Kokkola Industrial Park, Umicore is [...]
Highlights: Jervois celebrated the official opening of Idaho Cobalt Operations mine site mine site near Salmon, Idaho on Friday 7 October with United States Federal and State government representatives and the Australian Ambassador to the U.S. in attendance Jervois has commenced initial commissioning activities at ICO, with an expectation of [...]
Jervois celebrates the official opening of its Idaho Cobalt Operations mine site with U.S. Federal and State government representatives and the Australian Ambassador to the United States in attendance ICO commissioning is commencing with full nameplate capacity expected by the end of Q1 2023 Once fully commissioned ICO will be the only primary [...]
Jervois Global Ltd. advises that its Q3 2022 Quarterly Results and Investor Call will be held on Friday 21 October at 0900 Australian Eastern Daylight Time. After registering participants will receive email confirmation with access details. A recording and transcript will be made available shortly after conclusion of the webinar. On behalf of [...]
Jervois Global Ltd. advises it has received an Environmental Installation License for its 100%-owned São Miguel Paulista nickel cobalt refinery in São Paulo. This license from the State environmental regulator, Companhia Ambiental do Estado de São Paulo, represents São Paulo State approval for construction of the Stage 1 SMP restart, another [...]
Jervois Finland achieved Q2 2022 revenue of US$91.2 million, generated via quarterly cobalt sales volumes of 1,139 metric tonnes, down on the previous quarter. Volatility in both enduser demand and cobalt feed supply impacted cobalt prices and revenue. Cobalt prices trended down from nearly US$40.00/lb at the end of Q1 2022 to US$26.95/lb as at 20 [...]
Jervois Global Ltd. has received confirmation from Nordic Trustee AS that the second and final draw down of US$51 million of its subsidiary's bond offering proceeds from the escrow account will be released, as contemplated by the terms of the Bonds. Funds are expected to be received on or around 20 July 2022. The second drawdown on the Bonds [...]
Jervois Global Ltd. has now closed its previously announced acquisition from Companhia Brasileira de Alumínio of 100% of the São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil. Total consideration to be paid for the acquisition is R$125 million in cash. Jervois paid the initial R$15 million payment in late 2020 when the acquisition was [...]