Copper - Cobalt - Gold - Zinc outlook, page-19

Still all good for the battery metals CLA sitting on large reserves of Cobalt and Copper.

The Biden administration will spend more than $3 billion to support the domestic manufacturing of advanced batteries used in electric vehicles and energy storage, officials said Monday.

About $3.16 billion in grants will be made available to produce key battery metals such as lithium, cobalt and nickel, said Dave Howell, principal deputy director in the Energy Department’s Office of Manufacturing and Energy Supply Chains.

Cobalt Blue Holdings Limited (ASX:COB) has been awarded $15m* through the Critical Minerals Accelerator Initiative (CMAI) for the Broken Hill Cobalt Project (BHCP) by the Australian Government. a CMAI funding will enable COB to accelerate the development of the BHCP by expanding the scope of Feasibility Studies, bring forward infrastructure and services work packages, and decrease start-up commissioning risks. a CMAI funding follows on the heels of Major Project Status, providing strong support for COB to commercialise the first Australian cobalt sulphate refinery