BY ROY ALBERT ANDRADE, K1LLER, Inc.
TORONTO, CANADA - Cobalt deposits are mined around the world, especially, in Cuba, Russia, Australia, and the Philippines, but are most prominent in the Democratic Republic of the Congo (DRC). According to the The United States Geological Survey, global cobalt reserves reached 7 million tonnes two years ago, with half of the worlds supply in the DRC. The contemporary proliferation in cobalt usage is due to its conductive properties, and usage in rechargeable battery applications. Cobalt 27 Capital Corp., (TSXV: KBLT) (FRA: 27O), announced this morning that the company launched a website in Mandarin Chinese to cater to Asian markets.
"As our business continues to expand, many of the automakers, OEMs, battery manufacturers and investors who are expressing interest in Cobalt 27, are located in China and the broader Southeast Asia Region. With the launch of our Chinese language website, we hope to further broaden the reach of our audience within the region and globally. We believe our company is becoming of strategic interest to a large group of investors and industry players, and it is important that we communicate with these groups in an effective and timely manner," commented Anthony Milewski, Chairman of Cobalt 27.
Shawn W. Anderson