Çaldag - Cobalt project

The Çaldag deposit was discovered and investigated by the MTA (the Turkish Government Mining and Exploration Service) in the late 1970's and early 1980's. The forestry permit necessary for Caldag was issued to the new owners and development is now ongoing. The company intends to bring the project into production by around mid-2014. It is intended that the project will produce finished cathode rather than an intermediate product. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.