Broken Hill global cobalt province., page-1284

Agree with the point you highlight cobalt2025 that the market will be different in 2025. The decision to proceed to build the refinery with Iwatani as partner is based on the market conditions prevailing in the future. The low cobalt price is hurting companies close to production now it is a low point in the supply cycle that will change in time. Iwatani’s landholding at Kwinana already has supporting infrastructure that will allow COB to fast track development once the decision to proceed is taken. Iwatani has strong global partnerships with OEMs that will require nickel/cobalt sulphate through offtake agreements to be negotiated . The waste streams available to COB is a great advantage that the company can exploit IMO