Canada production
Market intelligence
Vale completed construction and commissioning of its Voisey's Bay Mine Expansion Project, opening two underground mines and establishing a 2,600 t/yr cobalt byproduct capacity, with ramp-up to full capacity by the second half of 2026.
U.S. DoD awarded $6.4 million to Fortune Minerals to support development of a cobalt mine, concentrator, and refinery in Canada, boosting North American cobalt supply chain.
Canada’s cobalt reserves were revised according to recent company and government reports, adjusting national resource figures.
Cobalt reserves in Canada revised to 220,000 tons based on recent government data.
Sherritt International Corp. acquired Dynatec Corp., becoming operator of the Ambatovy nickel laterite project in Madagascar, in 2007, transferring ownership of cobalt production assets.
Canadian cobalt reserves were revised downward following updated data from major nickel sulfide ore producers.
Inco declared force majeure on cobalt from its Sudbury operations in June 2003, suspending supply until November 1.
Inco completed a bankable feasibility study for Phase I of its Voisey's Bay nickel‑copper‑cobalt project, advancing the project toward production.
Inco began construction on the Voisey's Bay project, moving the venture closer to commissioning and cobalt output.
Inco experienced a three‑month strike at its Sudbury, Ontario operations, reducing cobalt production output.
Inco temporarily suspended some onsite activities at the Goro project in September 2002 because of labor disruptions.
Canmine Resources Corp. commissioned its cobalt‑nickel refinery in Cobalt, Ontario, beginning production.
Inco commenced infrastructure work for the Voisey's Bay nickel‑cobalt project in July 2002.
Canmine Resources Corp. placed its refinery on care‑and‑maintenance after restructuring its financial obligations.
Inco reviewed Goro nickel‑cobalt cost estimates in 2002, potentially delaying project implementation.
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