Quarterly highlights: Projects Thackaringa Project Thackaringa Pre-Feasibility Study successfully delivered Thackaringa Project Optimisation Studies underway Bankable Feasibility Study commenced Cobalt Trends Cobalt Market Update – near term DRC supply growth impacts pricing. Long term market balance remains very tight. Corporate Thackaringa Project – Strategic Rationale HAV MOU test work delivered – technical discussions held
Release highlights: Cobalt Blue is proud to announce a strategic First Mover partnership with LG International (LGI), the resources investment arm of LG Corporation, acting in cooperation with LG Chem. LG Chem is one of the largest lithium ion battery makers in the world. LG Chem possesses strong technical leadership in the development of next...
Cobalt Blue (ASX: COB) is pleased to announce a significant resource upgrade (31% increase in total resource tonnes with 72% now classified as Indicated) at the Thackaringa Project, located near Broken Hill, NSW. (more…)
The Thackaringa project is planning to mine ore from three surface deposits. The host rock (silica and feldspars) contains approximately 20% sulphides (mainly pyrite), with cobalt at 800–1000 ppm. This announcement presents the most recent results for processing of the sulphide concentrate to extract cobalt. (more…)
Final tabulation of the assay data is now complete and updating the geological models and mineralisation domains has commenced. New resource estimates for each of the deposits expected by end February. (more…)