Every good CEO knows the value of a strategic pivot. The last time we talked to Trent Mell, CEO of First Cobalt (TSXV:FCC), the company was busy advancing a cobalt mine in Idaho to produce the metal for the electric vehicle (EV) battery market. Then, after cobalt prices slumped and the EV hype subsided, Mell changed course, partnered with commodities giant Glencore, and is now on pace to start production at North America’s largest chemical grade cobalt refinery. Find out the rationale behind the strategic shift.