What is the latest status of the project “EVelution Energy Cobalt Processing Facility”?

The status recorded for “EVelution Energy Cobalt Processing Facility” is under construction.

What is the budget and commercial profile for the project “EVelution Energy Cobalt Processing Facility”?

Taiyo normalizes the budget of “EVelution Energy Cobalt Processing Facility” to USD 850000000.

Where can I verify the source and access all details for “EVelution Energy Cobalt Processing Facility”?

This Taiyo project page references Cyprus Shipping News along with the original URL (https://cyprusshippingnews.com/2026/04/30/evelution-energy-secures-850-million-cobalt-offtake-agreement-with-mitsui-advancing-u-s-and-allied-critical-minerals-independence/). Taiyo standardizes official data into a consistent, searchable project profile.

EVelution Energy Cobalt Processing Facility

Sector: Metal • Location: Yuma County, Arizona, United States

Source: Cyprus Shipping News

Project

Under Construction

Development of the first commercial-scale cobalt metal and cobalt sulfate processing facility in the United States, located in Yuma County, Arizona. The facility aims to produce up to 7,000 metric tons of contained cobalt per year, supplying cobalt for aerospace, EV batteries, and advanced manufacturing. It will generate its own solar power, recycle 70% of process water, and operate without on-sit

Status: Under Construction
Sector: Metal, Energy Storage, Power Generation (CCGT), Aerospace & Defense, Electric Vehicles (EVs), Solar, Water Supply and Storage, Automotive, Commercial, Manufacturing (Industrial)
Location: Yuma County, Arizona, United States of America
Updated: 22 Jul 2026
Source: Cyprus Shipping News

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Project Information

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The project “EVelution Energy Cobalt Processing Facility” is an infrastructure initiative in the Metal sector, located in Yuma County, Arizona, United States. Taiyo aggregates data on it from Cyprus Shipping News.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Development of the first commercial-scale cobalt metal and cobalt sulfate processing facility in the United States, located in Yuma County, Arizona. The facility aims to produce up to 7,000 metric tons of contained cobalt per year, supplying cobalt for aerospace, EV batteries, and advanced manufacturing. It will generate its own solar power, recycle 70% of process water, and operate without on-site tailings storage.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Arizona
City	Yuma County

Source

Source	Cyprus Shipping News
URL

More Details

Record type	Project
Sector	Metal, Energy Storage, Power Generation (CCGT), Aerospace & Defense, Electric Vehicles (EVs), Solar, Water Supply and Storage, Automotive, Commercial, Manufacturing (Industrial)
Article published date	2026-05-02

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EVelution Energy Cobalt Processing Facility

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