Mitsubishi circles Thackaringa co-product

WHILE the cobalt potential of Cobalt Blue Holdings’ Thackaringa project near Broken Hill has dominated the focus on investors, a 300,000 tonne per annum offtake agreement for elemental sulphur has delivered a 40% increase in the junior’s share price this afternoon.

Mitsubishi circles Thackaringa co-product Mitsubishi circles Thackaringa co-product Mitsubishi circles Thackaringa co-product Mitsubishi circles Thackaringa co-product Mitsubishi circles Thackaringa co-product

Thackaringa could become a major sulphur producer.

Mitsubishi Corporation has entered into an agreement with Cobalt Blue to evaluate the market for elemental sulphur, and it could transform into a 15-year offtake agreement.

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