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    Cobalt Blue's Broken Hill Project Gets Major Project Status Extension

    Gabrielle De La Cruz
    Jul. 07, 2025 09:25AM PST

    The project was initially granted major project status in March 2022.

    Closeup of vibrant blue crystals on a textured surface.
    Vadym / Adobe Stock

    Cobalt Blue Holdings' (ASX:COB) Broken Hill cobalt project has received a further three years of major project status.

    The extension of major project status for Broken Hill follows the project's initial designation originally granted in March 2022, and supports the continued development of this key asset in remote western New South Wales.

    The project spans approximately 37 square kilometres.


    “While cobalt is typically recovered as a by-product of copper or nickel, the Broken Hill Cobalt Project (BHCP) will be a primary cobalt operation with elemental sulphur as a byproduct,” Cobalt Blue notes on its website.

    The project hosts a global mineral resource estimate comprising 126.5 million tonnes at 867 parts per million (ppm) cobalt equivalent (690 ppm cobalt, 7.5 percent sulphur and 134 ppm nickel) for 87,000 tonnes of contained cobalt, 9,510 kilotonnes of sulphur and 17,000 nickel (at a 275 ppm copper equivalent cut off).

    According to CEO Andrew Tong, the major project status acknowledges the strategic significance of the project in the delivery Australia’s Future Made in Australia agenda, Critical Minerals Strategy and National Battery Strategy.

    “Obtaining a three year extension to Major Project Status for the Broken Hill cobalt project is an important enabler for our project development plans,” he said in a July 3 press release.

    “This also creates an opportunity for locally-sourced feedstock to support the growth of new Australian downstream industries – an ambition we are actively pursuing through our Kwinana Cobalt Refinery and Broken Hill Technology Centre.”

    The Kwinana cobalt refinery is planned by Cobalt Blue to be Australia’s first cobalt sulphate refinery that will produce high-quality, battery-grade cobalt sulphate for the global lithium-Ion battery Industry.

    Cobalt Blue said that the project’s recognition also strengthens its project partnership with Iwatani.

    “(We welcome) this support … and it reinforces our decision to invest in Australia. The recognition of the Broken Hill cobalt project further strengthens the case for progressing the Kwinana Cobalt Refinery toward a final investment decision,” Iwatani commented.

    Don’t forget to follow us @INN_Australia for real-time news updates!

    Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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    Gabrielle De La Cruz

    Gabrielle De La Cruz

    Writer

    Gabbie graduated with a journalism degree from Colegio de San Juan de Letran - Manila and has produced articles on a variety of topics, such as infrastructure, business and technology. Her creative portfolio includes written work on architecture, art and design. Gabbie covers the Australian market for the Investing News Network, focusing on the mining sector.

    When not in front of her desk, she is out scanning through vinyl records, exploring the international coffee culture and fighting for queer rights.

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    Gabrielle De La Cruz
    Gabrielle De La Cruz

    Writer

    Gabbie graduated with a journalism degree from Colegio de San Juan de Letran - Manila and has produced articles on a variety of topics, such as infrastructure, business and technology. Her creative portfolio includes written work on architecture, art and design. Gabbie covers the Australian market for the Investing News Network, focusing on the mining sector.

    When not in front of her desk, she is out scanning through vinyl records, exploring the international coffee culture and fighting for queer rights.

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