MEDIA RELEASE: Cobalt Blue welcomes the next step in the Australia-US critical minerals partnership

The Australian and US Governments have signed a framework agreement to support the supply of raw and processed critical minerals. The agreement seeks to accelerate project development through co-ordinated investment and a range of economic and industry policy tools.

This next step in bilateral critical minerals co-operation highlights the growing alignment between Australia and the US in developing a secure critical minerals supply chains by focusing on investment-ready projects that address market gaps.

Cobalt Blue CEO Dr Andrew Tong said, “The Kwinana Cobalt Refinery is ideally positioned to attract partnership investment as the Australian and US Governments expand critical minerals cooperation and funding programs. The Project stands out as an investment-ready, mid-stream refining opportunity positioned to help solve the market gap in cobalt refining.”

Contact

Joel Crane
Investor Relations/Commercial Manager
joel.crane@cobaltblueholdings.com

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