Cobalt Blue Holdings considers Iwatani Corporation for refinery partnership

Dec 01, 2023

Cobalt Blue Holdings Limited (ASX: COB) has exciting developments in the pipeline as it considers naming Iwatani Corporation as a potential partner for the Cobalt-Nickel Refinery Project, pending a binding agreement. A significant milestone was achieved with the recent visit of senior executives from Iwatani Corporation to COB's Demonstration Plant in Broken Hill. The pre-construction phase of the Refinery project is progressing seamlessly, with detailed engineering work underway.

Meanwhile, the Demonstration Plant has started large-scale test work on third-party materials, contributing valuable data to support technical studies for the Refinery project. COB's publication of the Cobalt-Nickel Refinery Study underscores the project's robustness, anticipating consistent profitability throughout the fluctuations in the cobalt price cycle. This marks a noteworthy chapter in COB's journey, promising a prosperous future in the refining business.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com