Glencore AG in Zug gives First Cobalt a 5 Mio.$ loan for the fast evaluation of the restart of the First Cobalt Refinery in Canada. Glencore will then also give over 40 Mio. $ as a second loan to bring the refinery back into production to produce Cobalt for the North American car market, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG.
