Jervois Global Limited (formerly Jervois Mining Limited) stands as a significant player in the mining and production of essential battery materials, specifically cobalt and nickel. Founded in 1962 and headquartered in Cremorne, Australia, the company has established a strong presence in the global battery materials supply chain. Through strategic acquisitions and developments, Jervois has built an integrated network of mining and refining operations across multiple continents, positioning itself as a reliable supplier of responsibly sourced materials for the electric vehicle and energy storage sectors.
Battery Technology
Jervois specializes in producing high-grade cobalt and nickel materials essential for lithium-ion battery manufacturing. Their Idaho Cobalt Operations (ICO) represents the largest cobalt resource in the United States, meeting strict environmental and quality standards. The facility’s output directly supports the growing demand for electric vehicle batteries and energy storage systems.
The company’s São Miguel Paulista (SMP) Refinery in Brazil processes nickel and cobalt, maintaining rigorous quality control measures to meet battery-grade specifications. This facility’s advanced processing capabilities ensure consistent production of refined materials that meet the exacting requirements of battery manufacturers.
Through Jervois Finland, the company produces specialized cobalt products under a long-term agreement with Umicore, demonstrating their technical expertise in material refinement. Their processing methods incorporate advanced techniques for extracting and purifying cobalt and nickel, ensuring optimal performance in battery applications.
Recent Projects
In early 2024, Jervois Global announced a significant recapitalization agreement with Millstreet Capital Management, including a $145 million equity injection. This agreement involves a prepackaged Chapter 11 procedure in the U.S., transitioning the company to private ownership. The funding will support the restart of the São Miguel Paulista nickel-cobalt refinery in Brazil, enhancing the company’s production capabilities.
Investors
The company’s investor base includes several major institutional stakeholders. AustralianSuper Pty Ltd. maintains the largest position with 23.15% ownership (625,646,101 shares), followed by Mercuria Energy Group Holding Ltd. with 7.773% (210,096,385 shares). UBS Switzerland AG holds 3.922% (106,003,459 shares), while Thematica SA and Peter Johnston own smaller stakes of 0.8894% and 0.4913%, respectively.
Business Details
Location: Cremorne, Victoria, Australia
Website: https://jervoismining.com.au
LinkedIn: https://www.linkedin.com/company/7728349
