Cobalt Blue secures Glencore feedstock contract for Kwinana Cobalt Refinery
Cobalt Blue Holdings executed a feedstock supply contract with Glencore International AG.
Under the agreement, Glencore will supply up to 50% of the Kwinana Cobalt Refinery's feedstock requirements for three years from the commencement of commercial operations, a minimum of 3,750 tonnes of cobalt hydroxide in total.
The contract is a significant step in de-risking KCR's path to Final Investment Decision, locking in supply from Glencore's world-class DRC operations while COB continues to progress additional feedstock arrangements.
All material sourced under the agreement meets strict ESG traceability and FEOC compliance standards.