Broken Hill Prospecting Limited (ASX: BPL) completes the transfer of its interest in the Thackaringa cobalt project joint?venture to its partner Cobalt Blue Holdings Limited (ASX: COB).
- The transaction would now result in BPL receiving $6 million in cash, shares and deferred consideration.
- Whilst retaining its 2.0 per cent royalty on all cobalt production from the project and its interest in the Broken Hill style mineralisation (excluding cobalt mineralisation) on the part tenements.
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