“Cobalt Mine” in Fredericktown, Missouri, Is Focus of EPA Administrator and Rep. Jason Smith Recognition Event

(Fredericktown, Mo., July 31, 2019) - Today, the U.S. Environmental Protection Agency (EPA) commemorates the 20th anniversary of the Superfund Redevelopment Initiative (SRI) at the Madison Mine/Anschutz Mine in Fredericktown, Missouri. The mine is sometimes referred to as the “Cobalt Mine.” In 2018, Missouri Mining Inc. (MMI) purchased the Madison Mine/Anschutz Mine with a pledge to clean up and restore mining operations to extract cobalt, which could result in a significant positive impact on the local economy.

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Christopher Holt
Old mine to be re-purposed; hundreds of new jobs possible

FREDERICKTOWN, Mo. (KFVS) - An old mine in Fredericktown, Missouri being re-purposed could bring-in hundreds of new jobs to Madison County.

The announcement was made on Wednesday, July 31 at the Madison Mine/Anschutz Mine, also referred to as the Cobalt Mine.

According to the EPA’s task force, Superfund Redevelopment Initiative, there are plans to reopen the Missouri Cobalt Mine.

The EPA launched the SRI in 1999 with the goal of returning formerly contaminated lands to long-term sustainable and productive reuse.

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Christopher Holt
Missouri Cobalt, LLC Names Michael Hollomon CEO

The Missouri Cobalt, LLC Board of Managers today announced the appointment of former Glencore executive, Michael R. Hollomon II, as Chief Executive Officer. Mr. Hollomon will lead the company’s cobalt mining operations in Madison County, MO, which will be producing cobalt in the next three to four months.

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Christopher Holt
Madison Mines Press Release

St. Louis businessman Stacy W. Hastie, CEO of Environmental Operations (EOI), and financier J. Randall Waterfield, CEO of Waterfield Holdings (Waterfield) announced today that Missouri Cobalt, LLC (MC), has acquired land and operational control of 1,800 acres of a former mine operation in Madison County, MO from Anschutz Mining Corporation of Denver, CO. Between proven and inferred reserves, the site holds an estimated 35 million pounds of recoverable cobalt, likely making it the largest such reserve in North America.

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Christopher Holt