{"id":31737,"date":"2025-09-05T09:17:38","date_gmt":"2025-09-05T13:17:38","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=31737"},"modified":"2025-09-05T09:17:38","modified_gmt":"2025-09-05T13:17:38","slug":"ecora-resources-announces-completion-of-voiseys-bay-cobalt-throughput-test","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/ecora-resources-announces-completion-of-voiseys-bay-cobalt-throughput-test\/","title":{"rendered":"Ecora Resources Announces Completion of Voisey&#8217;s Bay Cobalt Throughput Test"},"content":{"rendered":"<p class=\"yf-1090901\"><strong>Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF)<\/strong> notes the announcement on 4 September by Vale Base Metals that it has successfully completed the cobalt throughput test at its Voisey&#8217;s Bay mine. The test achieved an average throughput rate of 93.7% over a 90-day period.<\/p>\n<p class=\"yf-1090901\">Ecora holds a 70% net interest in a cobalt stream over the Voisey&#8217;s Bay mine and is entitled to receive 22.82% of all cobalt production from Voisey&#8217;s Bay up until 7.6kt of finished cobalt have been delivered, and 11.41% entitlement thereafter.<\/p>\n<p>The throughput test, a requirement under the Voisey\u2019s Bay streaming agreement with Wheaton Precious Metals Corp. and Ecora Resources PLC, required Voisey\u2019s Bay to maintain an average throughput rate of at least 85% of capacity over 90 consecutive days.<\/p>\n<div class=\"su-quote su-quote-style-default su-quote-has-cite\"><div class=\"su-quote-inner su-u-clearfix su-u-trim\">This is a meaningful achievement for Voisey\u2019s Bay. It puts an exclamation point on the operation\u2019s successful transition to underground mining, showing that Voisey\u2019s Bay is not only meeting its planned production rate, but is exceeding it.<\/p>\n<p>&nbsp;<\/p>\n<p>I want to acknowledge and thank Roberto Damasceno, Pieter Loock, and the entire Voisey\u2019s Bay team for their hard work and dedication in getting us to this important milestone. This is another example of how Vale Base Metals is transforming into a safe, reliable, cost competitive operator that delivers on its targets and commitments. <span class=\"su-quote-cite\">Shaun Usmar, CEO, Vale Base Metals<\/span><\/div><\/div>\n<p>Voisey\u2019s Bay entered production in 2005 as an open pit mine. In late 2024, it completed a multi-year expansion that transitioned the operation to underground mining, ensuring Voisey\u2019s Bay will continue to serve as an important engine of economic growth in Newfoundland &amp; Labrador and provider of low-carbon, high-quality nickel, copper, and cobalt for many years to come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voisey&#8217;s Bay, a key royalty for Ecora, confirmed 94% capacity. Far exceeding the contractually required 85%.<\/p>\n","protected":false},"author":30,"featured_media":28274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2430,56],"tags":[2431,2396,2397,2527,2549,2423,2435],"class_list":{"0":"post-31737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-energy-transition-metals","8":"category-featured","9":"tag-ecora","10":"tag-ecora-resources","11":"tag-ecora-resources-plc","12":"tag-investing-in-copper-miners","13":"tag-investing-in-energy-transition-metals","14":"tag-investing-in-royalty-companies","15":"tag-royalty-and-streaming-companies"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ecora Resources Announces Completion of Voisey&#039;s Bay Cobalt Throughput Test | Capital 10X<\/title>\n<meta name=\"description\" content=\"Voisey&#039;s Bay, a key royalty for Ecora, confirmed 94% capacity. 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