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 milestones including partnerships, feedstock and offtake agreements, and funding plans, with a Final Investment Decision (FID) expected in the third quarter of 2024. The company is also actively engaged in re-mining opportunities, with large-scale test work in the Flin Flon Mine and partnering with European and Australian entities for raw materials evaluation and commercial negotiations. Furthermore, the Broken Hill Cobalt Project is under strategic review, with ongoing lab and demo scale test work.
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