Formation Metals Inc. - Cobalt News

	January 17, 2012 Commodities giant Glencore poised to acquire the remaining 25 percent of copper and cobalt miner Katanga Publisher: CobaltInvestingNews.com Author: Karan Kumar
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - CobalttInvestingNews.com reported on January 17, 2012 that analysts predict Swiss-based, commodities giant Glencore International Plc (LSE:GLEN), is poised to acquire the remaining 25.2 percent of copper and cobalt miner Katanga Mining Ltd. (TSX:KAT), of which it already owns 74.8 percent. The move will allow Glencore to take full control of the Congolese copper and cobalt producer to take advantage of falling prices. Click here to view the full news article Formation Metals Inc.

	January 11, 2012 Globe & Mail Reports Manufactures Sounding Alarm Over Scarcity of Minerals and Metals, Including cobalt Publisher: Globe & Mail Author: David Friend & John Valorzi
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - The Globe & Mail reported on January 11, 2012 that manufactures are sounding the alarm a scarcity of minerals and metals, including cobalt. Click here to view the full news article Formation Metals Inc.

	November 29, 2011 Shoshone News Press update on Idaho Cobalt Project Publisher: SHONSHONE NEWS-PRESS Author: Kelsey Saintz
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Northern Idaho's SHOSHONE NEWS-PRESS published today an update on Formation Metals Idaho Cobalt Project and the recent company announcement regarding the tax exempt industrial bonds. Click here to view the full news article Formation Metals Inc.

	November 01, 2011 Recent Coverage on Formation Metals Publisher: Various Sources Author: Money Show, www.Microcap.com, Korelin Economics Report, Grandich.com
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Formation Metals has recently been covered by various newsletter and media in response to its share performance during these current volatile financial markets. The links below include: 1) Peter Grandich discusses the state of the markets with Michael Campbell on Saturday, Oct 29th on the Money Show and discusses Formation Metals around the 25 minute mark. 2) MicroCap.com has posted an in-depth report on Formation Metals by by Danny Deadlock. 3) Al Korelin of the Korelin Economics Report interviewed Rick Honsinger, Formation Metals' V.P. Corporate Communication, for his Oct 29, 2011 Weekend Show, starting in Segment 7. 4) Peter Grandich published a general response from Formation Metals' V.P. Corporate Communcations to shareholders, commenting on the currrent share price and status of the Cobalt Project. Formation Metals Inc. www.FormationMetals.com IMPORTANT DISCLAIMER: Please note that any opinions, estimates or forecasts regarding Formation Metals Inc.'s performance made by these media interviewee's and newsletter writers are theirs alone and do not represent opinions, estimates or forecasts of Formation Metals Inc. or its management. Formation Metals Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such opinions, estimates or forecasts. In some instances, Formation Metals has paid a fee in connection with such media and newsletter coverage.

	September 23, 2011 High Tech Demand Sparks Return of Cobalt Mine Publisher: TechnologyReview.com Podcast Author: Alison Snyder
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Cobalt hasn't been mined in the U.S. in 30 years, but the blue metal's crucial role in energy and communications technologies is changing that. In a diplomatic cable released by WikiLeaks last year, there was mention of a cobalt mine in the Democratic Republic of Congo. The document revealed that the U.S. Department of Homeland Security considered this mine so vital that its "incapacitation or destruction ... would have a debilitating impact" on U.S. security or the national economy. That's because the U.S. is the world's largest consumer of cobalt, but mines none of it. Now that is set to change. The first mine in the U.S. dedicated to producing cobalt will open in Idaho next year, reflecting the metal's increasing importance in transportation, communication, and energy technologies. Cobalt is used in rechargeable batteries for wireless devices and hybrid vehicles, and in catalysts for refining gasoline. Half of the $440 million worth of cobalt consumed in the U.S. last year went into heat- and high-pressure-resistant "super-alloy" metals for aircraft engine compressors, combustion chambers, and turbines. Click here to listen to the full article

	September 22, 2011 Idaho Cobalt Project Minesite Flyover and Ground Tour Publisher: Formation Metals Inc.
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Formation Metals has posted a video today of a flyover of its Idaho Cobalt Project mine site and a ground tour of its earthworks operations. This short video was taken on August 26 and 27 and exemplifies the scale of the construction operation. Click here to view the full video Formation Metals Inc.

	September 19, 2011 Seeking Alpha Report: "Time to Start Accumulating Cobalt and Vanadium Stocks" Publisher: Seeking Alpha Author: Samit Patel
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Seeking Alpha (www.seekingalpha.com) reported today through its contributor, Simit Patel, that is is "Time to Start Accumulationg Cobalt and Vanadium Stocks" In that report, Patel states: "I believe the real opportunity is in new forms of energy -- particularly solar -- and the ancillary markets that demand for new energy will create. This path leads me to two commodities: cobalt and vanadium". Click here to view the full report Formation Metals Inc.

	September 16, 2011 Forest Service Lifts Conditions on Cobalt Project Site Access
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Formation Metals has been informed today by its wholly owned U.S. subsidiary, Formation Capital Corporation, U.S., that all Idaho Cobalt Project mine site access conditions set by the United States Department of Agriculture Forest Service, have been lifted. The access conditions were previously set by the Forest Service in response to the Salt Fire burning in the Salmon-Challis National Forest. Click here for more information on the Salt Fire Formation Metals Inc.

	September 13, 2011 Video Interview with Formation Metals' V.P. Corporate Communications Publisher: Even Keel Media
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Korelin Economics Report (www.kereport.com) published a video interview with Rick Honsinger, V.P. Corporate Communications of Formation Metals, who discussed the Idaho Cobalt Project while conducting a tour of their refining facility in northern Idaho in August 2011: Click here to view the full interview Formation Metals Inc.

	September 09, 2011 Minesite.com publishes an update on Formation Metals' Idaho Cobalt Project Publisher: minesite.com Author: Sally White
	THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE - FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY - Minesite.com published an update report today on Formation Metals' Idaho Cobalt Project: "Formation Metals Is Well Advanced With Construction At The Idaho Cobalt Project, And Remains On Schedule For First Production Next Year Brokers don't lightly splash out on thick research documents in these hard-pressed times. So that fact that not just one, but two heavy inaugural broker notes were published on Idaho-based, TSX-quoted Formation Metals this summer is surely a signpost to something significant. That something is the impending production from the company's Idaho cobalt project, where construction continues apace. The company has had a busy summer following a C$80 million raise earlier in the year. Works on access roads have been completed, work on site roads is underway, and so is crusher and concentrator pad construction. "Pouring of concrete foundations is expected later in September in preparation for the fabrication of both the concentrator and crusher buildings that will follow", according to recent company announcements. Work on the power lines has already commenced. A level pad is being...> Click here to register for free at Minesite.com to read the full article Formation Metals Inc.

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