TSX-V-listed First Cobalt is aiming to deliver a definitive feasibility study (DFS) on the expansion of its Ontario refinery to 55 t/d by the first quarter of next year, the company said on Wednesday, announcing several key contracts for the feasibility study work.
First Cobalt appointed Ausenco Engineering Canada to lead in the preparation of a DFS for a refinery restart at 55 t/d with contracts awarded to SGS for advanced metallurgical test work, Knight Piésold for tailings studies and Story Environmental for environmental and permitting aspects of the engineering studies.