COB 0.00% 9.4¢ cobalt blue holdings limited

Broken Hill global cobalt province., page-753

  1. 11,734 Posts.
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    Another tail on the donkey could be our man Twiggies Wyloo and IGO, they have big plans to offer a precursor cathode active material, the plans were to make the nickel, manganese and cobalt precursor material at Kwinana.

    AFR 14/4/23 "Wyloo and IGO made clear they wanted to go further down the battery value chain than BHP’s Kwinana plant, by “integrating a downstream nickel refinery with a plant producing high-value, nickel dominant precursor cathode active material” The comments effectively mean the nickel made by the refinery would undergo a further step to be mixed with cobalt and manganese.Those three metals combine to make a precursor powder that can be activated at a later time by the addition of lithium to form the most common chemical mix that goes into the lithium-ion batteries that power most electric vehicles."

    Note cobalt, despite all the vested interest jawboning cobalt down it will be needed by the Western world and someone has to supply it.

    Cheers
    Phil.

 
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