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 (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) with extra support from the Major Project Facilitation Office Agency, including a single-entry point for Australian Government approvals, project support and coordination with State approvals.

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) has a strategic approach that positions us to be among the first wave of new entrants into the allied battery materials supply chain. We are committed to playing a leading role in securing a stable and sustainable future for critical minerals.

    

Contact

Joe Kaderavek
Chief Executive Officer
info@cobaltblueholdings.com
P: (02) 8287 0660



Link: Quarterly Activities/Appendix 5B Cash Flow Report


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