Progressing the Broken Hill Cobalt Project PFS

The Broken Hill Cobalt Project (BHCP) hosts one of the largest undeveloped primary cobalt resources outside Africa, with a JORC Mineral Resource of 127 Mt at 867 ppm cobalt equivalent (690 ppm cobalt, 7.5% sulphur and 134 ppm nickel), containing approximately 87 kt of cobalt, 9.5 Mt of sulphur and 17 kt of nickel.

Over the past quarter, Cobalt Blue has continued preparations for an updated Preliminary Feasibility Study (PFS), targeting completion in Q4 2026. The PFS is focused on project scale, capital intensity, and staged development pathways, with the goal of defining a robust starter-case scenario while preserving long-term optionality.

Key workstreams now underway:

Strategic mine planning to optimise project value and waste storage
Assessment of scale, staging and capital intensity sensitivities
Environmental approvals, including a revised Scoping Report for the NSW Government
Metallurgical work to unlock additional value from oxide and transitional material

Building on previous feasibility studies, pilot-scale processing, bulk sampling, and testwork, BHCP's path to development is taking shape.

Download the BHCP factsheet