Cobalt Blue Holdings Ltd. (AU:COB) has released an update.
Cobalt Blue Holdings Ltd., a green energy exploration company, has released its March 2024 Quarterly Activities Report, highlighting successful testing of third-party feedstocks for cobalt sulphate production at its Technology Development Centre. The results support the financial modeling of its refinery operations, with metal extraction rates of up to 97% and optimization expected to continue into the first half of 2024. The company plans to supply battery-grade cobalt and nickel sulphate samples to potential partners and lithium-ion battery manufacturers for pre-qualification purposes.
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