Cobalt Blue’s BHCP is 23 kilometres west of Broken Hill in Far West NSW. The resource is not a laterite but rather a sulphide (pyrite) cobalt deposit with no copper, negligible nickel and very distinctive mineralogy which enable a mine design with substantially lower outlay and high cobalt recoveries (85-90%).The company intends to produce 3,500 to 4,000 tonnes per year of cobalt using a very different metallurgical process than laterite treatment and this is expected to be a healthy investment for stakeholders and the environment.BHCP’s process is divided into concentration, calcining, leaching and product recovery. Processing will be supported by the nearby 53MW Broken Hill Solar Farm and reticulated town water supply. An ecologically sensitive integrated waste landform has been planned for co-disposal of mine waste rock and process plant tailings.Using COB’s innovative processing, the BHCP will have a marketable, sulphur value-add by-product of 300,000 tonnes per annum which can be pelletised to provide innocuous handling of dry sulphur prills without fear of acid spillage.QUOTE from article in Proactive Investors 16/2/21
