America Has Now Become Dependent on China
America has been energy dependent on other countries for decades. As the energy transition continues from fossil fuels to battery powered devices, cars, machines and equipment, America is in an even worse position than before.
One of the critical elements involved in the energy transition is cobalt. China currently provides 72% of the world's refined cobalt. The next closest country is Finland at approximately 10%. America produces 0% of the world’s refined cobalt. We are literally at the mercy of China and other countries for this and most other critical elements.
Exclusive Rights to Refine Cobalt in the United States
Westwin Elements, Inc. currently owns the exclusive rights to refine cobalt in the United States using a highly patented, environmentally neutral refining process. Construction of the first ever cobalt refinery in America is expected to begin in early 4th quarter of 2022 and be completed within 18-months. At full capacity, this refinery will have the ability to produce as much as 20% of the world’s refined cobalt based on last year’s demand, and almost 100% of America’s demand for refined cobalt.
Cobalt is among the most valuable critical minerals --
an element vital to the production of many primary technologies
Projected $2.6 Billion in Annual Revenue After 3rd Year
If you are an accredited investor, you have the opportunity to partner with Westwin Elements as we move forward, taking a giant step toward solving our energy dependence on China. Westwin Elements has partnered with CVMR, Inc. out of Toronto, Canada who will construct and operate a cobalt focused refinery, providing as much as 30,000 tons of refined cobalt to America annually, with the potential to expand to as much as 60,000 tons per year.
At the end of year 3, Westwin Elements, Inc. is projected to top $2.6 billion in revenue at full capacity based on current cobalt prices. We plan to expand to 60,000 tons annually by the end of year 5, producing as much as $5.2 billion in annual revenue based on today’s cobalt prices.
This investment opportunity provides significant potential annual dividends and principal growth.
Cobalt is used in everything from the production of batteries for electric vehicles to batteries and components in laptops, cellphones and other electronic devices, to superalloys used in jet engines, and many other uses.
The projected demand for cobalt is expected to sky-rocket over the coming 5 – 10 years. The world consumed 120,000 tons of refined cobalt in 2021, and that number is expected to cross 350,000 tons by the year 2030 (IEA). This dramatic increase in demand is also projected to cause cobalt prices to rise steadily over the next 5 – 10 years.
Westwin Elements, Inc. is in a unique position to be a major player in helping America become energy independent once again.
Why Westwin Elements, Inc.?
The first question that comes to mind when people find out China dominates the world’s refined cobalt production is “why”? Why does America not have any cobalt refineries already?
The answer is because the technology China uses to refine cobalt is an environmental disaster. The refining method is known as “acid leaching,” and it is as bad as it sounds. The cost of protecting the environment according to America’s standard puts America at a major cost disadvantage to what China can produce using this technology.
The only other efficient way to refine cobalt is through a patented technology known as “vapor metallurgy”, owned by CVMR, Inc. This technology has no adverse effects on the environment, air, water or land. It is the CLEANEST, SAFEST refining technology in existence and can be used across 36 different elements, including cobalt. The cost to refine cobalt using this technology is competitive with China, while supplying a far superior end product (this refining process refines cobalt to 99.9999% pure nano-powder).
Westwin Elements, Inc., is the only company that carries exclusive rights to utilize this technology to refine cobalt, and will be able to begin construction within 90-days of this offering.
This investment opportunity does not exist with any other company. Westwin Elements, Inc. is the only company with the rights to refine cobalt within the United States using this highly patented technology.