Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) commercial manager Joel Crane gives Proactive a progress report on the company’s integrated Australian cobalt supply strategy and definitive feasibility study (DFS) which is nearing completion for the Broken Hill Cobalt Project (BHCP). The strategy incorporates a refinery at Kwinana in Western Australia at which cobalt sulphate will be produced for export, initially using third-party raw materials before utilising the cobalt MHP from the BHCP in Broken Hill, Far West New South Wales. The decision comes at a time of increased focus in the US and Europe on developing critical minerals supply chains to serve the burgeoning electric vehicle and clean, green energy sectors.
Cobalt Blue updates on Kwinana refinery strategy and BHCP DFS