Cobalt Blue Holdings Ltd. (AU:COB) has released an update.
Cobalt Blue Holdings Ltd. is advancing towards the construction of its Cobalt-Nickel Refinery with strategic steps including a binding partnership with Iwatani, feedstock and offtake agreements, and the completion of technical studies, targeting a final investment decision in Q3 2024. The company’s Broken Hill Cobalt Project is undergoing a strategic review and lab-scale test work, while it explores re-mining opportunities in Canada and the EU, and evaluates various potential commercial partnerships and government collaborations.
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