Electric Cars Have Spiked Cobalt Demand
The electric car industry has spiked demand for cobalt, whose price has recently increased over one hundred percent. Cruz Cobalt has amassed 9 of the highest historically graded cobalt projects in North America with multiple work programs now underway.
Cruz Cobalt currently has nine cobalt projects located throughout North America, comprising of four in Ontario, three in British Columbia, one in Idaho and one in Montana. Cruz’s four separate Ontario cobalt
prospects are all located in the vicinity of the town of Cobalt making Cruz one of the single largest land holders in this emerging cobalt district. Cruz’s Ontario projects include the 900-acre Coleman Cobalt
prospect, the 900-acre Johnson Cobalt Prospect, the 5500-acre Hector Cobalt Prospect and the 1,480-acre Bucke Cobalt Prospect. Our 4935-acre War Eagle Cobalt Prospect in British Columbia covers a past-producing mine.
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