EVelution Energy receives $70 million LOI for cobalt processing facility in Arizona

Summary

EVelution Energy has received a letter of interest from Finnvera for up to $70 million in export credit support. This funding will assist in the development of a cobalt processing facility in Yuma, Arizona.

Recent Coverage

• EVelution Energy Receives Letter of Interest From Finnvera for up to US$70 Million in Export Credit Support for U.S. Cobalt Processing Facility

  Business Wire - Energy • May 28