Kwinana Cobalt Refinery
- Cobalt Blue Holdings Limited (ASX: COB) (‘COB’ or ‘Cobalt Blue’)
is pleased to announce execution of a binding pre-Final Investment
Decision (‘FID’) Consortium Deed (‘the Deed’) with Iwatani Australia
Pty Limited (‘IWA’). - The Deed provides the terms under which the parties will progress the
Kwinana Cobalt Refinery (‘KCR’ or ‘the Project’) to FID. - If the Project proceeds, it is expected that KCR will be Australia’s first
cobalt refinery and will produce high-quality, battery-grade cobalt sulphate
for the global battery materials supply chain. Base case (stage one) plant
capacity is currently anticipated at 3,000 tonnes per annum (tpa) cobalt
(as cobalt sulphate or metal). - COB’s robust ESG policies and standards, which will be adopted for the
Project, are aligned with industry best practice and provide the foundation
for the company’s sustainability framework.
Full details are included in the announcement link below.