Thackaringa remains on target to become a world class cobalt project with recent metallurgical testwork highlighting 88% cobalt recoveries from ore to payable product.
- Delivered Indicated Resource Project.
- Bulk Testwork – Calcine and Leach Update.
- COB on target to deliver PFS by 30 June 2018.
- Electric Vehicle Update – battery costs remain key to uptake.
- Stage One Achieved – COB has retained 51% of the beneficial interest of the Thackaringa Project. Milestone announced 20 April 2018.
- Asian Commercial Visit
- LGI Deal signed – As announced on 23 March 2018, on 16 April 2018 a cash share placement totalling A$ 7.8 million (US$ 6.0 million equivalent) at A$1.10 each share was made by COB to LG International.
- HAV MOU Signed