Cobalt Blue at forefrontA key to Australia’s success in its critical minerals portfolio is the ability to value-add or refine resources rather than simply shipping them in dry bulk. This approach also applies to cobalt, with many of Australia’s premier miners and producers looking to enter the market further downstream with improved products and Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) is at the forefront when it comes to cobalt.A pure-play cobalt company, Cobalt Blue has a three-pronged supply strategy incorporating the Broken Hill Cobalt Project (BHCP) in Far West NSW, a Cobalt-Nickel Refinery planned for Kwinana in WA and ReMine+, an initiative using COB’s patented technology to produce cobalt and other minerals from mine waste.At the BHCP at Broken Hill, the company is continuing a strategic review, progressing test work at lab and demo scale focused on its Demonstration Plant, and is involved in offtake discussions. QUOTE
Seems lately the role of cobalt has been downgraded in the media so investors have been swayed to steer clear . The outlook is looking a lot rosier to savvy investors. As contrarian investors know that buying when the market believes that the outcome is reaching the bottom of a cyclical trend that is the real chance of to build wealth IMO
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