Cobalt Blue has made strong progress on the Kwinana Cobalt Refinery and supporting programmes at the Broken Hill Technology Centre (BHTC).

Key recent activities that continue to build technical momentum and commercial confidence include:

  • Cobalt sulphate samples produced at BHTC using Cobalt Blue’s proprietary flowsheet have met stringent buyer trace metal specifications;
  • Deeper offtake engagement;
  • Expanded intellectual property protection; and
  • Continued evaluation of battery black mass feedstock options.

These have advanced Cobalt Blue’s progress on establishing Australia’s first cobalt refinery and position the project for a Final Investment Decision.

CEO Dr Andrew Tong said: “We are delivering measurable progress for the Kwinana Cobalt Refinery. Achieving prospective pCAM customer cobalt sulphate specifications and advancing offtake discussions are critical steps towards FID. In parallel, our continued optimisation work at the Broken Hill Technology Centre and expansion into black mass evaluation enhance feedstock optionality, strengthen project economics and further de-risk development. These milestones reinforce our broader growth strategy and position the Company to capitalise on improving cobalt market conditions.”