Company
Cobalt Blue Holdings Ltd
ASX:COB
Cobalt Blue is a minerals processing and mining company with interests in cobalt, nickel, copper, zinc, silver and sulphur. The company's critical minerals strategy focuses on building mid-stream processing capabilities in Australia and diversifying supply chains among like-minded countries.
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Cobalt Blue targets $16 million in capital raising as it looks to complete DFS
“As a result of the placement, the Cobalt Blue board welcomes two new tier-1 long-only domestic resource funds onto our register and believes it’s a great endorsement of our BHCP project,” chair Rob Biancardi said.
Cobalt Blue delivers five-times improvement in cobalt grade from concentration
The company provides answers to questions about processing of ore from the Broken Hill Cobalt Project and encouraging test-work on the concentrator circuit for use in its Demonstration Plant in Broken Hill.
Cobalt Blue delivers strong progress in ore processing for Broken Hill demonstration plant
“The 5x grade improvement from concentration is a key project enabler, with phase one of this large-scale work continuing to confirm expectations,” said CEO Joe Kaderavek.
Cobalt Blue extracts 4,000-5,000 tonnes of BHCP ore for Demonstration Plant bulk cobalt samples
“Strong progress allowed us to extract further ore for better overall representativity. The completion of the mining, and now crushing, sets up Demonstration Plant operations in coming months,” said CEO Joe Kaderavek.
Cobalt Blue Holdings commissions demonstration plant at Broken Hill Cobalt Project
The demonstration plant’s comminution and concentrate circuits have been commissioned with operations underway.
Cobalt Blue maintains Speculative Buy rating and A$1.10 price target from Canaccord
Global capital markets group Canaccord Genuity recently visited the company’s Broken Hill Cobalt Project (BHCP) in the Far West of New South Wales.
Cobalt Blue has ore extraction underway for Broken Hill demonstration plant as commissioning continues
“We anticipate the demonstration plant will deliver more than 3,000 kilograms of cobalt products from June to November, providing technical validation of our processing technology, product quality and underpinning project investment,” said
Cobalt Blue makes strong progress with bulk sample extraction and Demonstration Plant at Broken Hill
"We anticipate the Demonstration Plant will deliver over 3,000 kilograms of cobalt products from June-November 2022. In parallel, we have received better than expected demand for larger-scale samples globally,” says CEO.
Cobalt Blue turns heads nationally and internationally with integrated cobalt supply strategy
The company has been awarded an Australian Government A$15 million Critical Minerals Accelerator Initiative grant and this follows the Broken Hill Cobalt Project being granted Major Project Status.
Cobalt Blue buoyed as Broken Hill Cobalt Project awarded A$15 million Critical Minerals Accelerator Initiative grant
The BHCP is the only large-scale, ex-African, greenfield primary cobalt project globally and a top-five cobalt project (ex-Africa). BHCP production will lift Australia into the top three global cobalt producers.
Cobalt Blue higher as underground development starts at Broken Hill Cobalt Project to support large-scale demonstration plant
“Last year, our successful Pilot Plant opened the door to new partners. These large-scale demonstration plant cobalt samples are a game-changer for COB, providing operating proof for project equity/debt funders and simultaneously providing
Cobalt Blue recognised as only ex-African global primary cobalt player by Australian Government Major Project Status
Production at the Broken Hill Cobalt Project will make Australia the second biggest producer of cobalt in the world.
Cobalt Blue in MoU with Queensland to assess recovery of cobalt from mine waste
The company will undertake test-work to evaluate minerals processing options, including the application of its proprietary minerals processing technology to recover target metals from feedstocks nominated and provided by the Queensland Depa
Cobalt Blue attends landmark talks with Korean President to discuss ethical supply of cobalt
South Korea is playing the key role in driving the market for critical ‘green’ minerals just as Japan did at the start of the iron ore boom decades ago that changed the mining industry forever.
Cobalt Blue welcomes NSW Government's Critical Minerals and High-Tech Metals Strategy
The strategy highlights that the global cobalt demand is expected to increase 300% between now and 2035 primarily due to its continued use in lithium-ion batteries.
Cobalt Blue’s integrated cobalt supply strategy supported by strong EV growth
As a future ethical supplier of cobalt, COB is encouraged by trends in EV use in China, Europe and the US along with developments in India which is implementing reforms to accelerate new low carbon sectors such as renewable energy, energy s
Cobalt Blue’s Broken Hill Pilot Plant progresses to cobalt sulphate samples
The MHP to cobalt sulphate refinery aims to produce high-purity, high-value cobalt sulphate heptahydrate crystals, suitable for direct use as a raw material into the cathode precursor industry.
Cobalt Blue expands Broken Hill cobalt footprint by 35%
The company has been granted Exploration Licence 9254 and its tenement portfolio at and around the Broken Hill Cobalt Project totals approximately 220 square kilometres.
Cobalt Blue Holdings makes substantive progress in FY21 with focus on developing Broken Hill Cobalt Project
The company's Global Sample Partner Program has exceeded expectations with more than 30 partners requesting cobalt samples.
Cobalt Blue adopts global litmus test for responsible cobalt production
As part of its ongoing commitment to responsible and sustainable mining practices, Cobalt Blue will adopt a global assessment methodology as it works to become one of the world’s largest cobalt producers.
Cobalt Blue attracts Speculative Buy rating with A$0.65 price target as Canaccord Genuity initiates coverage
Cobalt Blue’s Broken Hill Cobalt Project differs from other projects in that cobalt is the primary revenue stream.
Cobalt Blue de-risks Broken Hill Cobalt Project with updated resource including nickel
The update takes into account base metals, some of which COB believes have the potential to be converted into an ore reserve if sufficient economic grade and quantities exist.
Cobalt Blue buoyed on positive feedback for premium cobalt samples
The Broken Hill Cobalt Project Pilot Plant has produced a variety of high-grade, tailored MHP specifications for the company’s BHCP Global Project Partner search.
Cobalt Blue CEO shows confidence in integrated cobalt supply strategy with on-market purchase
The Global Cobalt Sample Program incorporating the Pilot Plant is nearing conclusion and the company will then transition to a larger Demonstration Plant.