If the majors aren’t interested, that leaves the door open for small and mid-tier mining and exploration companies such as Cobalt Blue, Iluka, VHM, Australian Vanadium, Australian Strategic Minerals and Critical Minerals Group which have seen the opportunity. For many smaller miners, however, it can be very difficult to raise capital. That’s where the government’s A$2 billion fund should help, by allowing small and medium miners access to capital to scale up domestic production. QUOTE COB is in a good position as the Government is well aware of the potential of the Broken Hill mine IMO.
