11:59 AM EST - Formation Metals Inc. : provided an update on the Idaho Cobalt project (ICP) as well as an update relating to the potential sale of Formation's Sunshine Precious Metals Refinery at the Big Creek Hydrometallurgical Complex. The ICP, located in east central Idaho, continues to be the company's primary focus. The project has production estimates of 1,525 tons annually of super-alloy grade high purity cobalt metal over a minimum 10-year mine life. Formation Metals Inc.
shares T.FCO are trading down $0.01 at $0.10.
