Cobalt Blue (ASX:COB) advance plans for Kwinana cobalt-nickel refinery

Cobalt Blue (ASX:COB) advance plans for Kwinana cobalt-nickel refinery

January 19, 2024 Off By Rueben Hale

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
Refinery project”.

Overview of the proposed Refinery project floorplan

Overview of the proposed Refinery project floorplan

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.

COB.AX
COBALT BLU FPO [COB]
ASX
down arrow$0.08
$0.002
2.44%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MO and CI logo redraw Socials Profile reversed

MarketOpen is an online media business connecting companies and investors. Through its flagship MarketOpen.com.au media channel the Australian publisher’s experienced journalists cover breaking news and analysis on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange and other markets. MarketOpen’s video and podcasting channels feature original interviews with Australia’s small-cap corporate leaders, while its Stock Soirée networking events, Watchlist webinars, and online events connect investors and brokers with CEOs and board members. The publisher also offers a suite of agency services to its corporate members, including media, video, podcasting and social media services, along with writing, editing, reviewing and content creation services.

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Amanda Ellis
Editor-in-Chief
amanda@marketopen.com.au
+61 438 003 868

Important links

Follow us