A Cobalt Blue refining complex at Kwinana is what this is about.
Without the massive shift by Western governments to source battery materials in friendly juristrictions following recent regulatory changes (IRA and CRMA etc) this would be a pipe dream. In just 18 months, the world has been turned on its head. Kwinana is such an attractive proposition, the WA government is all over this Hub <<<< link makes an interesting read.
To have cobalt sulphate and NCM precursor produced in Kwinana for direct shipment to battery makers, just moved COB's up the food chain. My interest is more on who wants in on this stratygy, it brings so many new players into the funding frame, time will tell.
Cheers Phil.
COB Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
