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Cobalt Blue Secures Funding, Advances Refinery Plans
Company Announcements

Cobalt Blue Secures Funding, Advances Refinery Plans

Cobalt Blue Holdings Ltd. (AU:COB) has released an update.

Cobalt Blue Holdings Ltd., a green energy exploration company, has received an additional A$3 million from the Australian government’s Critical Minerals Accelerator Initiative, boosting its cash reserves to over A$9 million. The company is making steady progress on its Cobalt-Nickel Refinery, with major milestones expected in the second half of 2024 and construction set to begin in 2025, aiming for operational start in 2026.

For further insights into AU:COB stock, check out TipRanks’ Stock Analysis page.

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