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Cobalt Blue Holdings ( (AU:COB) ) has provided an update.
Cobalt Blue Holdings Limited has been granted a three-year extension of Major Project Status for its Broken Hill Cobalt Project by the Commonwealth Industry Minister. This status highlights the project’s potential contribution to Australia’s resources and critical minerals industry, enhancing its development prospects and strengthening investment discussions, particularly with international and domestic investors. The extension supports Cobalt Blue’s strategic goals, including advancing the Kwinana Cobalt Refinery and the Broken Hill Technology Centre, and aligns with Australia’s national priorities in critical minerals and battery strategies.
More about Cobalt Blue Holdings
Cobalt Blue Holdings Limited is a mining and mineral processing company focused on developing projects such as the Kwinana Cobalt Refinery in Western Australia, the Halls Creek Project, and the Broken Hill Cobalt Project in New South Wales. The company is considering a name change to Core Blue Minerals Limited.
Average Trading Volume: 417,822
Technical Sentiment Signal: Sell
Current Market Cap: A$23.13M
For an in-depth examination of COB stock, go to TipRanks’ Overview page.