Highlights include:
- Demonstration Plant Update: Commissioning of the Demonstration Plant is near completion
- The underground portal was established in April 2022 and COB has completed mining 2,300 t of ore
- All major components for the refining plant, including a new large-scale kiln and sulphur recovery equipment, are now onsite in Broken Hill
- Transitioning to operations for remainder of plant aiming to produce Mixed Hydroxide Precipitate (MHP) and cobalt sulphate
- Leading engineering groups Worley, GHD and SRK have been selected to help undertake the Feasibility Study
- Extensive environmental surveys have been undertaken for the Environmental Impact Statement
- COB was awarded a $15m grant through the Critical Minerals Accelerator Initiative