Victoria, June 30, 2022 -
Jervois Global Ltd. ("Jervois") (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) is pleased to have participated in the highly regarded SelectUSA Investment Summit hosted by United States ("U.S.") Secretary of Commerce Gina M. Raimondo. On June 29, 2022 in the U.S., Dr. Jennifer Hinton, Jervois Group Manager - ESG, participated as a speaker and panelist at the SelectUSA Investment Summit in Washington, DC. The SelectUSA Investment Summit brings together 3,000 businesspeople and investors from around the world with U.S. federal, state and local government economic development authorities.
Dr. Hinton spoke about the historic nature of the Jervois cobalt deposit in Salmon, Idaho, its upcoming commissioning and the consequential integral contribution to U.S. critical minerals security. She also discussed the importance of robust and transparent stakeholder relations with local communities, environmental groups and native tribes, that have underpinned project advancement under Jervois's stewardship. Dr. Hinton also outlined impactful Jervois projects underway in the local Salmon community.
The panel was moderated by Ms. Alejandra Castillo, Assistant Secretary of Commerce for Economic Development. Other panelists were Ms. Hilde Merete Aasheim, CEO and President of Norsk Hydro ASA and Mr. Swami Iyer, CFO of Aurobindo Pharma USA.
Jervois' 100% owned Idaho Cobalt Operations ("ICO") is expected to commence mill commissioning in September 2022, with full production forecast in February 2023. An official opening ceremony for the ICO mine is scheduled at site on Friday 7 October, with expected participation of U.S. political leadership and Australian government delegates. As this panel illustrates, Jervois remains actively engaged with the U.S. government with regard to the geopolitical and economic importance of what will be the country's first cobalt mine for generations, when commercial production commences later this year.
On behalf of Jervois Global Ltd.
Bryce Crocker, Chief Executive Officer
For further information, please contact:
| Investors and analysts: James May Chief Financial Officer Jervois Global james.may@jervoisglobal.com | Media: Nathan Ryan NWR Communications nathan.ryan@nwrcommunications.com.au Mob: +61 420 582 887 |
Forward-Looking Statements
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule", "expected" and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the timing of production ICO and certain other factors or information. Such statements represent Jervois' current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Jervois, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Jervois does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
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