Broken Hill Cobalt Project produces cobalt for use in new-age batteries
Cobalt Blue Holdings Limited (COB), a cobalt development and technology company focused on advancing cobalt mining, refining and recycling operations in Australia, was founded in 2016.
COB is developing the Broken Hill Cobalt Project (BHCP), 23km west of Broken Hill, as an integrated open-cut mining and refinery operation to produce cobalt sulphate (suitable as a battery cathode precursor) and elemental sulphur.
The operations will have a lifespan of more than 20 years and will employ 400 people in an established mining community with well-developed social and utilities infrastructure.
Joe Kaderavek, CEO of Cobalt Blue says:
“The Broken Hill Cobalt Project will be one of the largest and lowest-cost producers of cobalt for use in new-age batteries anywhere in the world. The project enjoys substantial advantages due to its proximity to a skilled workforce, infrastructure, and a supportive community. We enjoy a strong relationship with the NSW and Federal Governments who are keen to promote the development of the critical minerals and high-tech manufacturing industries.”