COB Quarterly Activities Report - March 2024

We are pleased to publish our March 2024 Quarterly Activities Report.

It has been a busy start to the year across all segments of the business. Our journey to build Australia’s first Cobalt Refinery continues to advance with support from the WA State government and our project partner, Iwatani Corporation. We also announced Iwatani as a potential partner in developing the Broken Hill Cobalt Project.

This past quarter we entered a testwork co-operation agreement with Hudbay Minerals and we’ve been evaluating other mine waste opportunities within Australia and around the world. Please see the full report for greater details on all of our activities as well as an update on the trends in the global cobalt market.

Refinery Development Program

  • Commercial feedstock testwork
  • WA Government support
  • Refinery Project – IRA Dynamics

    Broken Hill Cobalt Project (BHCP)

    • BHCP – Potential Project Partner Announced
    • BHCP Review

    Waste Stream Opportunities

    • Hudbay Minerals
    • Other domestic and international evaluations

    Cobalt Trends

    • Price stability amid a pickup in NCM cathode demand
    • Policy settings remain favourable for emerging critical minerals processors


    • Commercial Partner Update
    • Investor and marketing presentations
    • Expenditure and grants



      Full announcement Download PDF