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Highlights
Glencore feedstock agreement secured for cobalt hydroxide supply to refinery
Halls Creek scoping study completed with identified silver resource in heap leach material
Three exploration targets outlined with infill drilling planned at San Diego North
asx 300 listed Cobalt Blue Holdings Ltd (ASX:COB) (OTC:CBBHF) operates within the resources sector, focusing on cobalt, copper, zinc, and silver production. The company is advancing key development initiatives across its Kwinana cobalt refinery and Halls Creek copper-zinc-silver project.
Kwinana cobalt refinery progress
Cobalt Blue Holdings has formalised a feedstock agreement with Glencore to supply cobalt hydroxide for processing at the Kwinana refinery. This development is regarded as a significant milestone in advancing the refinery’s operational framework towards project readiness.
Halls Creek project scoping study
A scoping study has been completed for the Halls Creek project, which models an open-pit heap leach operation for copper and zinc production. The findings outline encouraging operational metrics for the project’s early development phase.
Silver resource identification
Subsequent evaluations have identified a substantial quantity of silver within the heap leach material at Halls Creek. This discovery provides scope for additional revenue streams alongside the primary copper and zinc output.
Minor metals contribution
Cobalt presence has also been confirmed in the San Diego deposit within the Halls Creek project area. Assessment is ongoing to integrate the recovery of minor metals, including cobalt and silver, into the overall project strategy.
Exploration initiatives
The company has identified three priority exploration targets in the Horse Creek area. Planned exploration includes infill drilling at San Diego North to verify possible resource extensions and evaluate the scope for a larger-scale operation.
Operational outlook
Activity across both the Kwinana and Halls Creek projects is set to remain steady as the company works through its development schedule, supported by recent resource discoveries and supply agreements.
Frequently Asked Questions
- What does Cobalt Blue Holdings produce?
The company focuses on cobalt, copper, zinc, and silver projects. - Where is the Kwinana refinery located?
The refinery is situated in Kwinana, Western Australia. - What is the focus of the Halls Creek project?
The project is centred on copper, zinc, and silver production with additional cobalt content identified.
