Cobalt Miners News For The Month Of December 2022
Original announcement by tmx on
- Company
- Unavailable
- Ticker
- FTMDF
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Cobalt
- Secondary commodities
- Nickel, Lithium, Copper, Gold, Manganese, Rare earths
- Document categories
- Drill results, Other, Metallurgy
- Extracted
- 2026-09-17 23:09:02 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
A monthly news summary for the cobalt sector covering December 2022. It highlights diverging demand between aerospace and consumer electronics, stable cobalt spot prices, and various corporate milestones including Glencore's settlement with the DRC and financing for Chemaf mines.
Reasoning: Monthly news aggregator summarizing cobalt market trends, pricing, and corporate developments across multiple issuers.
Positive factors
- Aerospace demand offsetting battery sector weakness
- Long-term demand forecasts remain significantly positive
- New project acquisitions and financing activities in the sector
Negative factors
- Weakness in consumer electronics demand
- China shifting to LFP batteries
- Supply disruptions in DRC
Facts used in scoring: 4
Classification and evidence
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Electra Battery Materials acquired a land package adjacent to the Iron Creek deposit.
Evidence · text
“Electra Battery Materials acquires new cobalt project 5.3 sq km land package adjacent to the Iron Creek deposit.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a mill_cil route ("concentrator")
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (3)
IC22-01Iron Creek · cobaltGrade: 0.22Grade Unit: %Intercept: 7.9 mView all detailsHide details
Identity
- Hole ID
- IC22-01
- Project
- Iron Creek
- Commodity
- cobalt
- Region
- china
- Reported Region
- china
- Ticker
- FTMDF
Geometry
- Grade
- 0.22
- Grade Unit
- %
- Intercept
- 7.9 m
- From
- 228.8 m
- To
- 236.6 m
- Intercept Depth
- 228.8 m
Classification
- Sample Type
- drill
- Group ID
- IC22-01:228.8-236.6
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-23T00:00:00.000Z
Reasoning: Historical drilling intercept reported as part of an acquisition update.
Evidence · text
“7.9 m at 0.22% cobalt in IC22-01 from 228.8 to 236.6 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
IC22-04Iron Creek · cobaltGrade: 0.25Grade Unit: %Intercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- IC22-04
- Project
- Iron Creek
- Commodity
- cobalt
- Region
- china
- Reported Region
- china
- Ticker
- FTMDF
Geometry
- Grade
- 0.25
- Grade Unit
- %
- Intercept
- 4.3 m
- From
- 211.4 m
- To
- 215.8 m
- Intercept Depth
- 211.4 m
Classification
- Sample Type
- drill
- Group ID
- IC22-04:211.4-215.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-23T00:00:00.000Z
Reasoning: Historical drilling intercept reported as part of an acquisition update.
Evidence · text
“4.3 m at 0.25% cobalt in IC22-04 from 211.4 to 215.8 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Iron Creek · cobaltGrade: 0.51Grade Unit: %Intercept: 25 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Iron Creek
- Commodity
- cobalt
- Region
- china
- Reported Region
- china
- Ticker
- FTMDF
Geometry
- Grade
- 0.51
- Grade Unit
- %
- Intercept
- 25 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-12-23T00:00:00.000Z
Reasoning: Historical drilling highlight mentioned in acquisition context.
Evidence · text
“25 metres at 0.51% cobalt”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metallurgical Results (1)
concentrator circuitBroken Hill Cobalt Project · cobaltRecovery: 95 %View all detailsHide details
Identity
- Project
- Broken Hill Cobalt Project
- Commodity
- cobalt
- Region
- australia
- Reported Region
- NSW, Australia
- Ticker
- FTMDF
Test Work
- Program Status
- optimization
- Test Type
- concentrator circuit
- Sample
- Demonstration plant ore
Recovery
- Recovery
- 95 %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-12-23T00:00:00.000Z
Reasoning: High grade concentration results from demonstration plant.
Positive factors
- Recovery exceeds previous PFS level study
Evidence · text
“The combined recovery for the concentrator circuit was typically 95%, exceeding the recoveries obtained in the 2020 Project Update (PFS level study) of 90%.”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the mill_cil signal
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.