China, eat your heart out. Cobalt from Missouri.

[Parliament 14413]

http://fox2now.com/2018/05/14/cobalt-mining-could-be-new-boon-to-missouri-economy/

Cobalt is a hot commodity and getting hotter. The mineral is in high demand and the largest known deposit of cobalt in our country is located in Fredericktown, Missouri.

The old Madison Mines have been dormant since the late 70's when they stopped mining lead. But now a resurrection is taking place as cobalt takes center stage.

“The cobalt market is going crazy right now,” says Stacy Hastie, co-chairman of Missouri Cobalt.

There is now more worldwide demand than supply and Missouri Cobalt appears to be sitting on the motherload at the right time. They are investing over $150 million just to get this project off the ground.

“It’s the most in the United States, if not North America, and we will be confirming that in the next six months,” Hastie said.

Cobalt is used to lithium-ion batteries and until now a large share of it has been mined by African conscripts, and refined in China.  Well, not so fast!

[RDCanecutter 26570]

Those damn things hate gnomes.

[Royalfan5 2357]

Does this mean we can finally turn Missouri into a giant hole?

[MissingInAction 25330]

If your mom's name is Missouri, then it's already been done.

By me.

Edited May 16, 2018 by MissingInAction

[Neonmoon 38130]

I’ll be deep in the cold, cold ground before I recognize Mizzourah