COB 1.30% 7.8¢ cobalt blue holdings limited

Commenting on the recent progress Cobalt Blue’s Chief Executive...

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    Commenting on the recent progress Cobalt Blue’s Chief Executive Officer, Joe Kaderavek said:“Mining/crushing operations are now underway with progressive commissioning across the flowsheet to follow. We anticipate the Demonstration Plant will deliver over 3,000 kgs of cobalt products from June – November, providing technical validation of our processing technology, product quality and underpinning project investment. We expect significant commercial interest over 2H 2022.”The Demonstration Plant comprises two phases of operation. Firstly, mined ore willbe crushed, milled and treated to produce a cobalt-pyrite concentrate at the PyriteHill site. Secondly, the concentrate will then be trucked to the Demonstration Plant in Broken Hill for extraction and recovery of cobalt as mixed Hydroxide Precipitate (MHP) and/or cobalt sulphate. QUOTE
    Great news congratulations to the BOD and management & staff for reaching this ground breaking position IMO.
 
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