Cobalt Blue's 2026 Annual Report reflects a year of meaningful progress across the Company's growing portfolio of critical minerals projects. The Kwinana Cobalt Refinery advanced toward Final Investment Decision, with cobalt sulphate samples meeting stringent pCAM specifications and Works Approval granted by the Western Australian government. A Preliminary Feasibility Study commenced for the Broken Hill Cobalt Project, the Halls Creek copper-silver project entered metallurgical testwork, and the consortium agreement with Glomar Minerals opened a significant new pathway into the US critical minerals market. With cobalt prices recovering strongly on the back of DRC supply restrictions and continued EV demand growth, the Company enters the new financial year well positioned across its refining, project development, and technology platforms.
