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of Benzinga.com.
Canada Silver Cobalt Works is creating a green environment for battery components and recycling that doesn’t include smelters.
“People need to understand that recycling just the batteries is not economical. So when we originally looked at all these processes out there, they were all smelter-based. Most of the battery metals coming out of those smelters were secondary. So we now have our own primary metals, which we will put through a mineral separation process,” explained Canada Silver Cobalt Works Inc. (TSXV:CCW,OTCQB:CCWOF,FWB:4T9B) Chairman and CEO Frank Basa.
According to Gilman, Basa claimed there’s “nothing exotic” in what the company is doing, he does tout the Canada Silver Cobalt Works’ process as “bulletproof.” The Re-2Ox process, which was originally developed to produce high-grade cobalt sulfate, is now showing some real results in battery recycling. The ‘Re’ in Re-2Ox actually stands for reactor and not recycling. In March 2021,
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Canada Silver Cobalt Works CEO Frank Basa presented its Re-2Ox process to the Benzinga CleanTech conference on April 22, 2021.
Going green in today s world is not without its challenges, costs and complexities. Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B), a green extractive technology leader, is using its proprietary Re-2Ox hydrometallurgical process to not only strip arsenic from recycled batteries but become a cost-competitive global player in the recycled battery market.
Canada Silver Cobalt Works is creating a green environment for battery components and recycling that doesn t include smelters. Company Chairman and CEO Frank Basa told Benzinga, People need to understand that recycling just the batteries is not economical. So when we originally looked at all these processes out there, they were all smelter-based. Most of the battery metals coming out of those smelters were secondary. So we now have our own primary metals, which we will
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What Canada Silver Cobalt Works does:
Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) is strategically positioned in Canada s heartland aiming to become a leader in the silver-cobalt space but is also pivoting to focus on other critical energy metals used for electric vehicles (EV).
The cobalt camp in the Gowganda district of northern Ontario is one of the few places globally where silver and cobalt can be mined together as primary metals because cobalt is usually a by-product of copper and nickel mining.
The firm s goal is to resume mining at the formerly producing Castle and Beaver mines, which generated 9.5 million ounces silver (and 300,000 pounds of cobalt) and 7.1 million ounces silver (and 139,000 pounds cobalt) respectively.
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