Cobalt Blue Holdings Ltd is an exploration and project development company focusing on advancing the Broken Hill Cobalt Project in New South Wales. The company’s commercial aim is to make battery-ready Cobalt sulphate from the pilot facility on a scale sufficient to provide test samples for global commercial partners. The pilot plant allows COB to produce varying specifications of Cobalt products, which are in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems. 

Cobalt Blue Holdings has an opportunity in Broken Hill where there is unique ore containing large amounts of Cobalt in the pyrite. The Broken Hill mine will be a large scale and long dated project, once in production, producing 17,000 tonnes of battery ready cobalt sulphate which makes it a world top 10 mine. The mine itself will provide sufficient Cobalt to enable over 5 million electric vehicles going forward. Cobalt Blue will be the first company to put all the processes together to produce battery ready Cobalt on a commercial scale. 

The pilot plant at Broken Hill is a replication of a commercial scale operation. It is an open cut mining operation which produces Cobalt which is processed into battery ready Cobalt. The plant has been designed to run the process which was successfully modelled at laboratory scale at 90%+ Cobalt recovery and will now optimise and prove the processing economics and efficiency of the process at pilot scale. 

The pilot plant aims to extract every last percentage of Cobalt on a cost comparative basis with any mine in the world. Cobalt Blue will optimise the process at the pilot plant for commercial scale before they step up to the demonstration scale which is due to be commissioned to start in Q1 2022. The demonstration plant will then produce the Cobalt on a larger scale to show repeatability, proof and confidence for investors and partners getting involved in the pilot plant going forward. 

Cobalt Blue Holdings has 32 partners involved in the battery industry who are interested in Cobalt samples from the pilot plant. These partners intend to supply batteries for electric vehicles and energy storage systems. The Broken Hill project has a flexible production strategy to enable production of an intermediate product or a final battery ready Cobalt sulphate product so can provide different specifications for different markets. 

Broken Hill has the benefit of being an established mining town and so has the people and the infrastructure to support the mine. The project is standout in terms of ethical jurisdiction and is a low cost project in comparison to other mines. 

Company page: https://www.cobaltblueholdings.com/ 

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