Broken Hill Prospecting Ltd (ASX:BPL) are pleased to provide an update on Cobalt Blue Holdings Limited. Cobalt Blue has announced that its IPO successfully closed after investors applied for more than the A$10 million maximum offer.
Cobalt Blue Holdings Limited
Cobalt Blue Holdings Ltd (ASX:COB) is an exploration company focussed on green energy technology and a strategy of fast-tracking development of the Thackaringa Cobalt Project in New South Wales to achieve commercial production of cobalt. This strategic metal is in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.