• The BHCP has been included in both the Australian Government Critical Minerals Prospectus and NSW Government Minerals Strategy and is being actively promoted via government to overseas partners. Our “first mover” commercial partner, LX International (formerly LG International the resources investment arm of LG Corporation), continues to be supportive, with regular progress meetings held. As part of its global commercial commitments, COB executives visit (today via conference calls) our partners and other interested parties several times a year. Our relationships continue to grow, particularly within the key cobalt refining and consumer regions/countries of the European Union, the United States, Korea, Japan and India.• COB has been a member of the Future Battery Industries - Cooperative Research Centre (‘FBI-CRC’) since its inception in 2019. One of its key projects is the flagship Cathode Precursor Pilot Plant in Perth. BHCP cobalt sulphate will be used in the upcoming A$18m FBI-CRC cathode precursor pilot plant in WA in 2022. COB is supplying the cobalt content to support the operations of this Australian technological first. In effect, COB is the “C” in the NCM cathode precursor pilot plant. QUOTE
A great year of progress a lot has been achieved, looking forward to 2022 with strong faith in the company IMO.
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