Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) projects acquisition manager Helen Degeling tells Proactive the company will proceed to the next stage of testing its proprietary minerals processing technology on Hudbay Minerals Inc’s Flin Flon tailings storage facility in Manitoba, Canada, after positive results from preliminary roasting test-work. The completed roasting tests achieved greater than 90% conversion of the pyrite into pyrrhotite and elemental sulphur with these results warranting further evaluation. In late June, COB entered into a test-work co-operation agreement with respect to Hudbay’s wholly-owned Flin Flon tailings storage facility.
Cobalt Blue sees huge opportunity for waste stream business
