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Cobalt Blue Holdings ( (AU:COB) ) has shared an update.
Cobalt Blue Holdings Limited has made significant progress at its Broken Hill Technology Centre, advancing towards a final investment decision for the Kwinana Cobalt Refinery by late 2025. The company has completed a 100-hour pilot campaign for cobalt solvent extraction and produced cobalt sulphate meeting target specifications. These developments enhance the commercial readiness of the refinery and position Cobalt Blue at the forefront of the global critical minerals sector. The Centre has also become an innovation hub, attracting external R&D projects and collaborations with academic institutions, further strengthening Australia’s innovation ecosystem.
More about Cobalt Blue Holdings
Cobalt Blue Holdings Limited operates in the critical minerals sector, focusing on the production of cobalt products. The company is involved in the development of the Kwinana Cobalt Refinery and the Broken Hill Cobalt Project, with a market focus on cobalt sulphate and metal production, as well as the evaluation of additional feedstocks.
Average Trading Volume: 385,693
Technical Sentiment Signal: Sell
Current Market Cap: A$22.91M
Find detailed analytics on COB stock on TipRanks’ Stock Analysis page.