Kobalt product registration5/21/2023 Today, a range of key products are powered by cobalt-based lithium-ion batteries, including smartphones and tablets, laptops, electric vehicles, solar-powered home battery systems and utility-scale renewable energy storage. ![]() The metal delivers higher energy density, enabling batteries to hold more charge, and are also generally maintenance-free. Cobalt vital component for booming battery production sectorĬobalt is a strategic metal used in new-generation lithium-ion batteries. ![]() That’s over 5 million electric vehicles over its operating life. Located 25km southwest of its famous namesake town in far west New South Wales, the project is set to launch an integrated mine and processing facility which would inject high-grade, battery-ready cobalt sulphate directly into the production chain, completely bypassing ESG pressure points in central Africa and China.Īt full production, the project is expected to produce 16,700 tonnes of cobalt sulphate per annum, enough to power around 300,000 standard electric vehicles. Talk to a registered financial expert before making investment decisions.Ĭan Australia provide a solution to the global battery market’s increasingly grim problem with ethical supply chain sourcing? One New South Wales miner thinks so.Ĭobalt Blue (ASX: COB) is a pure-play exploration and project development company focusing on commercialising its Broken Hill Cobalt Project, the largest greenfield source of the key battery metal outside of Africa. ![]() This article is a sponsored feature from partner Cobalt Blue Holdings Ltd.
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