Jervois Global welcomes a bipartisan proposal today of the United States Congress' Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party to create a critical mineral reserve to sustain cobalt price for U.S. producers when the price dips below a floor, and for producers to recontribute during periods of high cobalt prices. The proposed Resilient Resource Reserve is designed [...]
Jervois Global has commenced its underground resource extension programme at the RAM deposit, via its local mining contractor Small Mine Development. The RAM resource extension programme will involve the commenced construction of an underground exploration drift as well as the extensional drilling to define potential step-outs from the existing RAM mineral resource estimate, which the commenced construction will enable.1 [...]
Delivering on business priorities Following the US$25.0 million Unsecured Convertible Notes and accompanying US$25.0 million fully underwritten 1 for 3.34 accelerated non-renounceable entitlement offer in July 2023, Jervois continued to implement a refocused strategy to ensure the business can be financially sustainable and self-funding at historically low cobalt prices caused by People's Republic of China oversupply from [...]
Australia - 4 October 2023 - Jervois Global Ltd. advises that its Q3 2023 Quarterly Results and Investor Call will be held on Thursday 26 October at 0900 Australian Eastern Daylight Time . Registration for the investor call can be undertaken at the link below: https://s1.c-conf.com/diamondpass/10034064-cs30fu.html After registering participants will receive email confirmation with access details. A recording and [...]
Jervois Board approves appointment of AFRY USA LLC to undertake Basic Engineering and Bankable Feasibility Study for a United States cobalt refinery BFS scope is a 6 - 3 October 2023 - Jervois Global Ltd. is pleased to announce its Board has approved the appointment of AFRY USA LLC to lead basic engineering and the associated bankable feasibility study for a new greenfield U.S. cobalt refinery. This facility is expected [...]
Australia - 1 September 2023 - Jervois Global Ltd. has closed the second US$5.1 million tranche of the US$25.0 million Unsecured Convertible Note offering to Millstreet Credit Fund LP following approval of the Company's ordinary shareholders at a general meeting held in Melbourne, Australia on Monday 28 August 2023. Each Unsecured Convertible Note entitles the Noteholder, up to maturity in Q3 2028, to be issued a fully [...]
28 August 2023 - Jervois Global Ltd. advises that, in accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, the details of the resolutions and the proxies received in respect of each resolution are set out in the attached proxy summary. On behalf of Jervois Global Ltd. Alwyn Davey, Company Secretary. For further information, please contact: Investors and analysts: Alicia Brown Group Manager [...]
Highlights: Jervois commences US$2.4 million surface drilling campaign at Sunshine deposit - 2 August 2023 - Jervois Global Ltd. commences its surface drilling campaign at the Sunshine deposit adjacent to Idaho Cobalt Operations in Idaho, United States. Mobilisation is underway with drilling expected to commence at the start of September 2023, pending final U.S. Forest Service approval. Drilling will occur under the [...]
Highlights: Jervois commences a US$0.3 million site selection process for its proposed cobalt refinery in the United States - 2 August 2023 - Jervois Global Ltd. commences, through its 100% owned subsidiary Formation Holdings US, Inc., Site Selection as the first stage of preparing the bankable feasibility study for its proposed cobalt refinery in the U.S. Jervois expects to spend US$0.3 million to complete Site [...]
AustralianSuper announces that it subscribed for 126,684,961 ordinary shares on 25 July 2023 in the capital of Jervois Global Ltd. , such that immediately following the subscription, AustralianSuper held a total of 625,646,101 of the issued and outstanding Shares in Jervois. The Shares were acquired pursuant to AustralianSuper's sub-underwriting of the private placements and entitlement offers by Jervois to retail [...]
Australia - 27 July 2023 - Jervois Global Ltd. Delivering on business priorities Against a backdrop of an improving cobalt market outlook, Jervois has made significant progress delivering on the near-term priorities set out in the March 2023 Quarterly Activities Report. Priorities and key milestones delivered in the quarter are as follows: Maximise margin and cash flow at Jervois Finland: US$2.6 million Adjusted EBITDA [...]
Australia - 21 July 2023 - Jervois Global Ltd. advises the successful completion of the retail component of its fully underwritten 1 for 3.34 accelerated non-renounceable entitlement offer of new fully paid ordinary shares announced to the Australian Securities Exchange on Wednesday, 28 June 2023. The Retail Entitlement Offer closed at 5:00pm on Tuesday, 18 July 2023 and raised a total of approximately A$17.2 million at [...]
