The cobalt market is experiencing a rare convergence of forces that represent a structural shift likely to define the next several years.

Cobalt Blue sits at the intersection of all three of these dynamics, positioned to capitalise on this moment to become a critical minerals supplier.

The June 2026 quarter saw Cobalt Blue advance on all fronts — deepening its KCR offtake pipeline, progressing Project Infinity toward feasibility, and launching a metallurgical program at Halls Creek that could materially improve project economics.

Over the past quarter, Cobalt Blue has continued preparations for an updated Preliminary Feasibility Study (PFS), targeting completion in Q4 2026.

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

The cobalt market has undergone a remarkable reversal, with the recovery reflecting a confluence of structural forces.

The DRC government's moves to manage supply, a surge in EV adoption, and intensifying geopolitical pressure on critical mineral supply chains.

Cobalt Blue was featured on the Spotlight program, shining a national spotlight on one of Australia’s most significant undeveloped mineral resources.

Once overlooked by critical minerals investors, cobalt now sits at the intersection of two forces rewriting the global economy: an accelerating clean energy transition and an unprecedented supply shock from the world's dominant producer.

Cobalt Blue has a clear growth strategy to capitalise on this moment: becoming Australia's leading refined cobalt supplier, and expanding into the United States with a dedicated cobalt and manganese plant.

When investors think about the Broken Hill Cobalt Project (BHCP), cobalt quite rightly takes centre stage. But there's another commodity sitting within the same mineralisation that is increasingly difficult to ignore — and right now, its market dynamics are moving in BHCP's favour.