This funding will enable COB to accelerate the development of the BHCP by expanding the scope of Feasibility Studies, bringing forward infrastructure and services work packages, and decreasing start-up commissioning risks.
CMAI funding follows on the heels of Major Project Status and the invitation to Washington DC to participate in the bi-lateral Critical Minerals delegation between the Australian Minister of Trade and the US Commerce Secretary, providing strong support for COB to commercialise the first Australian cobalt sulphate refinery.