Acknowledging the Project’s potential contribution to Australia’s resources and critical minerals industry, Australia’s Minister for Industry and Innovation and Minister for Science extended Major Project Status for the Broken Hill Cobalt Project by a further three years. Link to the Minister’s Media Release.
The Federal Government’s endorsement improves the prospects to move into development, with upside for Cobalt Blue’s other projects, including the Kwinana Cobalt Refinery and the Broken Hill Technology Centre. Once operational, KCR, a first for Australia, will produce cobalt sulphate and cobalt metal for Australia’s like-minded critical minerals trading partners.