Ann: Major Project Status awarded for a further three years, page-2

Cobalt Blue Chief Executive Officer Andrew Tong said:“Major Project Status acknowledges the strategic significance of the Broken HillCobalt Project in the delivery of the Australian Government’s A Future Made inAustralia agenda, as well as the Critical Minerals Strategy and the NationalBattery Strategy.”“Obtaining a three year extension to Major Project Status for the Broken Hill CobaltProject is an important enabler for our project development plans.”“The development of the Broken Hill Cobalt Project has the potential to positionAustralia as a leading global cobalt producer and strengthen supply chain securityfor likeminded partners. It also creates an opportunity for locally-sourced feedstockto support the growth of new Australian downstream industries – an ambition weare actively pursuing through our Kwinana Cobalt Refinery and Broken HillTechnology Centre.” QUOTE

At last recognition of the importance of Cobalt Blue to the Australian community as a proposed global supply source for refined nickel/cobalt , this is a welcome step towards a positive development of the company IMO