So how does the COB strategy work with the IRA and CRMA?Simply put, Cobalt Blue is targeting an integrated approach focused on mining (Extraction) (Broken Hill) and refining (Processing) (Kwinana). Large scale Extraction and Processing in Australia will support secure compliant global supply chains.Cobalt in Waste Streams Projects (CWSP)Our Demonstration Plant will be finalising its BHCP focussed test work in coming months. Beyond mid-year the plant is available for large scale test work for other projects, which we believe will arise from our current suite of identified opportunities. Recycling mining waste to commercialise metals contained within remains a focus for our business with a majority of Australian opportunities being cobalt dominated, while international opportunities include other metals. Whilst our current Queensland focussed test work continues, a mining specialist whose role will include a global search for mining waste stream and primary resource opportunities is expected to start with us shortly.ConclusionWe are proud to present the details of the three building blocks to the COB business: 1. BHCP2. Refinery3. Cobalt in Waste Streams ProjectsBHCP remains our core focus (which will be updated as the Definitive Feasibility Study progresses) but expect updates on the other building blocks as well in the near term.COB has a promising future with significant milestones expected to be achieved in the coming quarters. We look forward to keeping investors updated over this time. QUOTE A positive plan at a crucial time in the critical metals mining and processing sector as all allied Governments are meeting to build their respective commitments . IMO.
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7.0¢ |
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Mkt cap ! $29.57M |
Open | High | Low | Value | Volume |
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6 | 125111 | 7.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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6 | 125111 | 0.070 |
4 | 171254 | 0.069 |
2 | 58000 | 0.068 |
3 | 69000 | 0.066 |
5 | 510500 | 0.065 |
Price($) | Vol. | No. |
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0.073 | 101555 | 1 |
0.074 | 100000 | 1 |
0.075 | 132959 | 3 |
0.076 | 45116 | 4 |
0.078 | 125000 | 2 |
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David DeTata, Managing Director
David DeTata
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