ENERGY MINERALS

Cobalt price boosting Mt Thirsty prospects

BARRA Resources and Conico have highlighted improved economics for the Mt Thirsty cobalt-nickel project, outside Norseman, due to the rapid rise in cobalt prices.

 Bulk sampling at Mt Thirsty

Bulk sampling at Mt Thirsty

The 50:50 partners released a scoping study for Mt Thirsty in October last year, based on a long-term cobalt price of US$72,000 per tonne. Since then, the cobalt price has risen to as high as $95,000/t...

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