LG Chem is to build battery plant inShanghai to supply Tesla. Panasonic decided not to be involved. Good news for Cobalt Blue COB as plans ramp up at Broken Hill project with LG as a significant shareholder. A pilot plant is to be set
up to test processing of orebody. The Broken Hill project is the largest cobalt sulphide source in Australia listed in the top 10 in the world.
