gold stocks postpage LB desk

Cobalt Blue Updates on June Quarter Activities, Progressing Well on BHCP

  • July 28, 2020 04:04 PM AEST
  • Team Kalkine

Cobalt Blue Holdings Limited (ASX:COB) has released its activities report for the June 2020 quarter. The report incorporates key details of activities undertaken by COB during the three months to June, which include:

non AMP MTF 10th feb webinar

  • Extensive testworks on the mixed hydroxide intermediate products produced from the Broken Hill Cobalt Project (BHCP) ores resulted in a 37% Co and ~7% Ni grading.
  • The pilot plant is under development as the equipment is being installed with the commissioning subject to the impacts of COVID 19.
  • Cobalt Blue joined hands with Japanese major Sojitz Corporation as a sampling partner for the Cobalt Product Program.
  • Strong results from testwork on concentrate samples from GEMC’s Millennium Project delivered, using COB’s proprietary technology. The results highlighted production of separate copper and cobalt concentrates with high concentrate grades and metallurgical recoveries.
  • The OZ Minerals’ (ASX:OZL) Carrapateena testwork is underway.

Cobalt Blue anticipates a strong growth in the cobalt market following the pandemic-fuelled strong incentive push from the governments. Cash balance of the company at the end of quarter stood at AU$2.057 million.


The website is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK