Cobalt Blue to process Black Mass at BHTC - ICYMI

Core Insights - Cobalt Blue Holdings Ltd is repositioning its Broken Hill Technology Centre to process black mass from recycled batteries, following a $15 million investment in a cobalt refining demonstration plant since 2021 [1][6][7] - Black mass contains critical minerals essential for battery manufacturing, aligning with Australia's circular economy goals [2][10] Company Strategy - The company is currently the only refiner in Australia capable of processing black mass, which will support the growth of domestic recycling capabilities [3][10] - Black mass will serve as a supplementary feedstock for the proposed cobalt refinery, helping to bridge the gap until local mining projects commence [3][11] - The strategy aims to diversify sources of feedstock while contributing to the development of Australia's circular economy [4][12] Industry Context - The initiative is expected to encourage other refiners to establish a more robust local battery recycling infrastructure [4] - The Broken Hill Technology Centre is anticipated to attract investor interest as the company moves towards a financial investment decision for the refinery [4][13]