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Cobalt Blue updates on Kwinana refinery strategy and BHCP DFS

Cobalt Blue updates on Kwinana refinery strategy and BHCP DFS

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.