Cobalt Blue (ASX:COB) advance plans for Kwinana cobalt-nickel refineryJanuary 19, 2024
Cobalt Blue is currently testing feedstock samples in Queensland to determine the commercial feedstock for their planned Kwinana cobalt-nickel refinery.
The company aims to establish the Cobalt-Nickel Refinery on the Kwinana Industrial Strip’s Doral Fused Materials site to process critical battery metals from third-party feedstock and Mixed Hydroxide Precipitate (MHP) from its Broken Hill Cobalt Project.
Additionally, Cobalt Blue intends to produce cobalt and potentially other metal intermediates from future Cobalt in waste stream projects.
Cobalt Blue is evaluating two 5-tonne bulk samples of third-party feedstock at the Broken Hill demonstration plant to determine the commercial feedstock for the Refinery.
The preliminary test work on 50-100 kg feedstock has delivered up to 95-97% metal recoveries. This has de-risked major refinery cost assumptions.
In an extra boost of confidence, WA Premier Roger Cook has written a letter of support stating the project will establish the state as a national battery material production hub.
“We are thrilled to receive this support for our Cobalt-Nickel Refinery Project from the Premier of Western Australia,” Cobalt Blue CEO Joe Kaderavek said.
“Having government support and strong testwork results de-risks the Cobalt Nickel
About Cobalt Blue
Cobalt Blue is a mining and mineral processing company focussed on the development of a Cobalt-Nickel Refinery in Western Australia, the Broken Hill Cobalt Project in New South Wales, and Cobalt in Waste Streams projects with a view to global opportunities contained in mine waste.
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