# Cobalt Miners News For The Month Of December 2022 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-december-2022--dc7387f1-b756-4939-82bd-037c96185c6b Original source: https://money.tmx.com/en/quote/FTMDF/news/5367022701435309/cobalt-miners-news-for-the-month-of-december-2022 Publisher: tmx Original announcement: 2022-12-23T10:44:10.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas 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 factor: Aerospace demand offsetting battery sector weakness - Positive factor: Long-term demand forecasts remain significantly positive - Positive factor: New project acquisitions and financing activities in the sector - Negative factor: Weakness in consumer electronics demand - Negative factor: China shifting to LFP batteries - Negative factor: Supply disruptions in DRC Facts used in scoring: 4 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: 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 Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a mill\_cil route \("concentrator"\) **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: 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) ### IC22-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-december-2022--dc7387f1-b756-4939-82bd-037c96185c6b#fact-drill-facts-0) Iron Creek · cobalt #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### IC22-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-december-2022--dc7387f1-b756-4939-82bd-037c96185c6b#fact-drill-facts-1) Iron Creek · cobalt #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-december-2022--dc7387f1-b756-4939-82bd-037c96185c6b#fact-drill-facts-2) Iron Creek · cobalt Needs review: drill\_no\_hole\_id #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: 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 circuit [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-december-2022--dc7387f1-b756-4939-82bd-037c96185c6b#fact-metallurgical-facts-3) Broken Hill Cobalt Project · cobalt #### 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 factor: 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 Route** Polarity: neutral Definition: 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.