During the quarter the Australian Government granted Major Project Status to the Broken Hill Cobalt Project. Major Project Status extends for a three-year period to support the project through its development phase.
The awarding of Major Project Status provides Cobalt Blue Holdings Limited (
The grant of Major Project Status by the Australian Government acknowledges the strategic significance of the BHCP as a key national project and is formal recognition of the national economic implications of the BHCP through its contribution to growth, productivity, government revenue, industry and regional development.
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About Cobalt Blue Holdings Limited
Cobalt Blue Holdings Ltd (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) is an exploration and project development company. Work programs advancing the Broken Hill Cobalt Project in New South Wales continue. Our ambitious goals are subject to funding availability. Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.
Chief Executive Officer
P: (02) 8287 0660
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