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.

Cobalt Blue has launched a metallurgical testwork program at the Halls Creek Project.

This project is at an early stage, and provides optionality for the Company in the copper-silver market — two commodities forecast to have significant pricing support through strong forward demand driven by data centre build-outs for AI, modernisation and electrification of infrastructure, electric vehicles and defence.

A review of the Halls Creek Project has identified multiple opportunities to build on the strong economics delivered in the June 2025 Scoping Study

Cobalt Blue has completed a Scoping Study for its Halls Creek Project in Western Australia, confirming a viable, near-term copper and zinc mining operation with strong financial returns and a modest upfront investment.