PROJECT FINANCE

Cobalt Blue adds colour to plan to lead ex-China battery-grade cobalt supply

COBALT Blue’s plan to be a front-runner in a new wave of large “Allied Nation” investments is going to involve it spending about A$65-70 million for the first stage of a Western Australia-based refinery, while a feasibility study for the plant has been pushed back to April next year.

Cobalt Blue adds colour to plan to lead ex-China battery-grade cobalt supply

In a strategic update, the Joe Kaderavek-led company said the 3000tpa cobalt and 1000tpa nickel capacity first stage of the refinery looks to have preconstruction costs of A$10 million and an estimated...

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