Cobalt Refiner Hits Ch. 11 With Plan To Cut $164M In Debt

By Rick Archer · January 29, 2025, 7:59 PM EST

A Texas bankruptcy judge Wednesday put the operator of one of the world's largest cobalt refineries on course for a March hearing on a Chapter 11 plan to shed nearly $164...

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Bankruptcy Scorecard

Summary

One of the world's largest colbalt suppliers filed for bankruptcy with a prepack plan to shed $164 million in debt.

Case Number

4:25-bk-90002

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$195.5 million

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Documents

Case Information

Case Title

Jervois Texas, LLC

Case Number

4:25-bk-90002

Court

Texas Southern

Nature of Suit

Date Filed

January 28, 2025