Standard & Poor's says cobalt supply fears remain high
S&P expects mined cobalt supply to increase at a CAGR of 12% to 2021.
Company
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.
281 stories · page 3 of 3
S&P expects mined cobalt supply to increase at a CAGR of 12% to 2021.
Financing will be sourced through strategic partnerships, including the use of debt and equity.
The pre-feasibility study will be followed-up by a bankable feasibility study.
The PFS demonstrates that the project is economic with a BFS to now follow.
The PFS demonstrates the potential of the project and recommends advancement to bankable feasibility studies.
Joint venture partner Cobalt Blue Holdings will this week release a PFS and maiden ore reserve.
The company has been granted a trading halt by the ASX pending release of the PFS announcement.
Mapping and sampling has confirmed the presence of almost identical material to that found at Cobalt Blue’s nearby project.
The overall recovery of cobalt in the ore to leach solution was about 88%.
Trangie has been involved with Cobalt Blue since listing in early 2017.
The company's shares are trading about 8.5% higher intra-day, at 8.9 cents.
One of Australia’s few potential cobalt producers from sulphide-based deposits, where cobalt production is underpinned by copper and gold.
Investments and investor services
The new licences are near Cobalt Blue Holdings’ Thackaringa Cobalt Project.
The company has entered an agreement to purchase Nomad Explorations, the owner of the projects.
A geology team is on site implementing a high-level exploration plan to determine an inaugural drilling program.
LGI, which executes resources investment strategy for the LG Group, will provide capital and technical assistance.
Shares in the company were last priced at $1.32 per share.
Joint venture partner Broken Hill Prospecting has confirmed its satisfaction with the stage I earn-in requirements.
Completion of a resource estimate for the Thackaringa project entitles Cobalt Blue Holdings to retain 51% ownership.
An updated desktop review has identified new primary cobalt targets at surface.
The company has established a Copper Growth Strategy as a blueprint for how it will progressively develop its suite of copper projects.
LG International is the resources investment arm of global giant LG Corp.
New acquisition is in close proximity to the Thackaringa Cobalt Project where Cobalt Blue recently revealed a major cobalt resource upgrade.
The market hasn’t fully appreciated the company’s strong market connection with JV partner Cobalt Blue Holdings Ltd.
The company is the only ASX-listed primary cobalt player and aims to add value by supplying direct to battery makers.
News flow from the Thackaringa project is set to continue with a pre-feasibility study to come by June 30.
LG Investment and LG Chem will assist in sourcing a long-term supply of battery-ready cobalt.
New partnership aims to service the EV market with high-purity battery-grade cobalt sulphate.
The resource estimate now comprises 72 million tonnes at 852 parts per million cobalt.
The company's Broken Hill Project is just north of the Thackaringa cobalt deposit.
The share prices of both companies have been appreciating over recent months.
Thackaringa project partner Broken Hill Prospecting (ASX:BPL) is leveraged to the company’s successes.
The ongoing test work forms part of a pre-feasibility study.
Broken Hill Prospecting has a proven history of monetising assets.
400,000 new shares are issued after quoted options are exercised at $0.25.
The company has signed an MOU to test Havilah Resources’ Mutooroo ore.
Receipt of final assays has paved the way for PFS at Thackaringa Project.
The company will not have to raise capital to complete works on the new tenements.
The company's assets are in the Broken Hill region and Murray Basin region.
Broken Hill's shares have doubled in value since mid-December.
The PFS is well advanced with the continuation of metallurgical testwork.
The results have been positive and the study is on track for completion by 30 June 2018.
We are joined exclusively by Joe Kaderavek in Proactive's Q&A Sessions™.
Further strong assay results from New South Wales cobalt project.
The company is focused on the Thackaringa Cobalt Project in New South Wales.
An inaugural 2,250-metre drilling program will soon commence at the Cangai Copper Mine.
The halt will remain in place until Monday 27th November 2017.
Cobalt Blue believes that multiple exploration targets generated during an aerial survey have potential to extend cobalt mineralisation.
The company is the only "pure play cobalt" ASX-listed company with >80% leverage to cobalt.
The company is the only "pure play cobalt" ASX-listed company with >80% leverage to cobalt.
Cobalt Blue has now completed gravity and flotation testwork on Thackaringa ore.
Joe Kaderavek discussed the company's next steps at Proactive's CEO Session in Sydney.
Find out more from Joe Kaderavek at Proactive's CEO Session in Sydney.
The immediate goals are the aerial geophysical program and resource upgrade.
Fifteen companies are presenting on day one-of-three at the Noosa Mining and Exploration Conference
The Noosa Mining and Exploration Conference will run from 19-21 July 2017.
Thackaringa is located near Broken Hill and can leverage off infrastructure.
Thackaringa is one of world's rare “pure cobalt” plays.
The company has only scratched the surface at Thackaringa.
We are joined Joe Kaderavek, chief executive officer, in Proactive Q&A Sessions™.
The results are expected to enhance the average grade within the mineralised envelope.
The option was issued on a 1 for 4 share basis under the IPO.
More drilling results will flow through in coming weeks.
Cobalt Blue is set to increase exploration news flow in coming months.
China processes over 50% of the world’s cobalt into intermediates and physical metal.
Cobalt Blue’s flagship Thackaringa Cobalt Project is located near Broken Hill.
Upcoming share catalysts include the resource upgrade.
Joe Kaderavek outlined resource growth strategy to investors.
Find out more from Joe Kaderavek at Proactive's CEO Sessions.
Find out more from Todd Hibberd at Proactive's CEO Sessions.
Find out more from Andrew McLellan at Proactive's CEO Sessions.
Impact sees cobalt potential at its Broken Hill project.
Cobalt Blue is trading 65% higher than its IPO price since listing in February.
The project is located in a highly prospective area for cobalt.
Upcoming catalysts include drilling, metallurgical and engineering studies.
Cobalt Blue has received a notice of substantial holder.
Cobalt Blue Holdings (ASX:COB) has commenced trading today on the ASX trading to an intra-day high of $0.28 during the morning session.
Cobalt is a necessary metal for the production of lithium-ion batteries.
Cobalt Blue Holdings (Proposed ASX:COB) continues on its path to listing on the Australian Securities Exchange. The company will be focused on the Thackaringa Cobalt Project, which is strategically located 23 kilometres south-west of the wo
Cobalt Blue Holdings plans to list in December 2016.
The company is raising up to $10M and will be the only pure cobalt play on the ASX.