Cobalt Blue Holdings Limited Stock Market Press Releases and Company Profile

View in Other Languages Cobalt Blue Holdings Limited (ASX:COB) 截至2017年9月的季度活动和现金流报告 Cobalt Blue Holdings Limited (ASX:COB) 截至2017年9月的季度活動和現金流報告 Cobalt Blue Holdings Limited (ASX:COB) Quarterly Activities and Cash Flow Reports September 2017 
Quarterly Activities and Cash Flow Reports September 2017
Quarterly Activities and Cash Flow Reports September 2017

Sydney, Oct 18, 2017 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (googlechartASX:COB) provides the Company's Quarterly Activities and Cash Flow Reports for the period ending September 2017.

September 2017 - Highlights

Projects

Thackaringa Project

- Commenced Pre-Feasibility Study (PFS).

- Aerial geophysical survey launched and subsequently completed over the entirety of the Thackaringa tenements (EL6622, EL8143, ML86 & ML87).

- Thackaringa Drilling Campaign - 40Mt Indicated Resource Target - rigs mobilised to site.

- PFS Metallurgical Testwork has now commenced. The testwork will be centred on treating ~800 kg of ore through the proposed process: concentration; thermal treatment; leaching; and product recovery.

Cobalt Trends

- Thrifting - Battery makers are "thrifting" (lowering) cobalt content in the cathode. This is a natural consequence in the face of stronger for longer cobalt pricing.

- Energy Density - Higher (cobalt based) energy density batteries are entering the market increasing Electric Vehicle (EV) range and usability.

- Fast Charge/Discharge - Battery makers are developing semi-solid and solid electrolytes supporting faster charge/discharge cycles - the goal is to fully charge an EV in 5 minutes.

- COB's strategy is to produce a battery grade product required, not today, but rather where demand will be in the future, as these market and enabling technology trends rollout.

Corporate

- Amended JV Agreement announced. Stage One is due for completion by 1 April 2018 followed shortly after by Pre-Feasibility Study delivery (30 June 2018).

To view the full report, please visit:
http://abnnewswire.net/lnk/P739YD4E


About Cobalt Blue Holdings Limited

Cobalt Blue Holdings LtdCobalt 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.

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Contact

Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-9966-5629
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com



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