The Refinery is a proposed large-scale, cobalt-nickel operation representing
The Refinery is expected to establish COB as an early entrant into the emerging midstream segment of the Allied Nation Battery Supply Chain.
Stage 1 targets processing third-party feedstock with a capacity of 3,000 tpa cobalt sulphate and 1,000 tpa nickel sulphate. Stage 2 offers optionality for the inclusion of feedstock from the
The Study presents a compelling evaluation of a cobalt and nickel refining business that is expected to generate stable margins throughout the highs and lows of the cobalt price cycle. On a 100% owned basis, the Refinery has the following financial metrics:
- Preconstruction costs of
- Stage 1 of the Refinery has an estimated installed capital cost of
- Stage 1 NPV10 (Long-term Assumptions) =
- Stage 1 NPV10 (Spot Market Assumptions) =
- We are engaged with a potential partner that owns a suitable property in the Kwinana district and expect to commence refinery construction next year.
- The potential partner is further determining an appropriate level of equity ownership in the
These negotiations are ongoing.
- The advancement of the
- CWSP projects are progressing with our recent update regarding
As part of this Strategic Update, this announcement contains a summary of key Refinery Study outcomes including.
1. Investment Highlights
2. Project Description
3. Strategic Rationale
4. Cobalt Market Analysis
5. Capital and Operating Cost Estimate
6. Forward Work Plan
This is then followed by updates regarding both BHCP and CWSP projects.
*To view the full study summary, please visit:
https://abnnewswire.net/lnk/21H859TA
About
Contact:
Chief Executive Officer
info@cobaltblueholdings.com
P: (02) 8287 0660
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