Kwinana Refinery Update + Black Mass Agreement

We provide an update on recent progress with the Kwinana Cobalt Refinery and announce a Memorandum of Understanding (MOU) with Ecobatt to evaluate treating blackmass from battery recycling within Australia.

Kwinana Cobalt Refinery: Cobalt Blue and Iwatani are progressing programs toward a financing decision in 2025. These include testwork and engineering studies, permit applications, and

contracts for feed and offtake.

MOU with Ecobatt: Ecobatt is the pre-eminent battery recycling company in Australia, managing a national collection system to recycle and process spent batteries. Recently, Cobalt Blue tested samples of Ecobatt’s black mass at the Broken Hill Technology Development Centre and successfully extracted cobalt, nickel and manganese.

The two companies have agreed to continue collaborating to explore and evaluate opportunities around processing black mass into critical minerals to re-enter the battery supply chain. This partnership is built on the expectation that the result of the complementary functions will contribute to the growth of Australia’s battery recycling ecosystem.

Contact

joel.crane@cobaltblueholdings.com

Downloads

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