Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Cobalt Blue Holdings ( (AU:COB) ) is now available.
Cobalt Blue Holdings Limited has announced several key developments, including a feedstock supply agreement with Glencore International AG for the Kwinana Cobalt Refinery and the production of cobalt sulphate meeting target specifications. The company has also extended the major project status for the Broken Hill Cobalt Project by three years and received works approval for the Kwinana Cobalt Refinery. Additionally, Cobalt Blue has entered into an earn-in agreement for a significant interest in the Halls Creek Project, with a completed scoping study outlining a 10-year development opportunity.
More about Cobalt Blue Holdings
Cobalt Blue Holdings Limited operates in the mining industry, focusing on the production and development of cobalt products. The company is involved in projects such as the Kwinana Cobalt Refinery and the Broken Hill Cobalt Project, with a market focus on supplying cobalt for various industrial applications.
Average Trading Volume: 557,695
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$23.53M
For a thorough assessment of COB stock, go to TipRanks’ Stock Analysis page.