Cobalt Blue: Joint research project investigates cobalt extraction from mine tailings in Queensland

Electric Vehicles could one day be powered from the waste of North West Queensland copper mines as part of a new joint research project involving the Queensland government, University of Queensland and Cobalt Blue Holdings Ltd.

Cobalt Blue CEO, Joe Kaderavek, said the company would look to expand its operations into Queensland if the results are positive.

“Queensland is sitting on a significant resource of cobalt, copper and gold. Recycling that cobalt is great news for both Queensland and global battery sectors,” Mr Kaderavek said.

“And in doing so it will significantly diminish current environmental pollution as a result of recycling this metal, which is currently sitting in tailings.

“We believe that Cobalt Blue has the right technology to convert tailings into commercial metals whilst actually enhancing the footprint of tailings.”

Click here to read the full Queensland Government Media Statement