Project Overview - The Kalgoorlie Nickel Project (KNP) Goongarrie Hub is the largest nickel-cobalt Mineral Resource Estimate (MRE) in Australia [9] - KNP Goongarrie Hub contains 584Mt at 0.69% Ni and 0.043% Co for 4Mt of contained Ni and 250kt of contained Co [10] - KNP Kalpini Hub contains 270Mt at 0.76% Ni and 0.05% Co for 2Mt of contained Ni and 136kt of contained Co [10] - The project has a forecast operation of +40 years [53] Partnership and Funding - Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) are fully funding the Definitive Feasibility Study (DFS) up to A$98.5M to earn up to 50% interest in Kalgoorlie Nickel Pty Ltd (KNPL) [15] - The Consortium earned its first 17.5% in July 2025 [15] HPAL Technology and Production - Global MHP and MSP production has increased by over 300% since 2020 [26] - HPAL now into 5th generation of technical advances [21] Market Demand - Electric Vehicle (EV) sales reached 9.1 million in H1 2025, a 28% year-to-date growth [35] - Global energy storage grid deployments reached 13.6GWh in January 2025, a 94% year-on-year increase [35] - Global steel consumption is projected to increase by 132Mt, or over 7% [38] Cost Competitiveness - The Pre-Feasibility Study (PFS) indicates a low C1 Opex before Cobalt credit of US$10,197/t Ni (US$4.62/lb) in MHP LOM [60] - Australia's recently approved tax credit provides a 10% refund against processing costs (64% of PFS Opex estimate) for the first decade [65] Financial Metrics (from 2023 PFS) - Pre-tax NPV7 of A$7,625M (IRR 30%) and Post-tax NPV7 of A$4,980M (IRR 23%) [114] - Average Annual EBITDA of A$800M [114]

China’s Zhejiang Huayou Cobalt expects to report record half-year earnings, as it ramps up nickel projects in Indonesia https://t.co/ElLyNTfXdv ...

Around 40,000 children are estimated to be involved in cobalt mining in the Democratic Republic of Congo. Some are as young as seven.See the relentless search for critical minerals in photos https://t.co/IjO9LGnSDJ ...

Around 40,000 children are estimated to be involved in cobalt mining in the Democratic Republic of Congo. Some are as young as seven.See the relentless search for critical minerals in photos https://t.co/Iw9GXmsCN4 ...

Core Viewpoint - Makenita Resources Inc. has engaged Vital Drilling Services to initiate its first drilling program at the Hector Silver Project in Ontario, with mobilization already underway and drilling expected to start later this month [1]. Group 1: Project Overview - The Hector Property consists of 126 contiguous unpatented mineral claims covering an area of 2,243 hectares [2]. - The initial drilling phase will target high-priority areas identified through geological interpretation and recent fieldwork, including regions made accessible by wildfire-related clear-cutting [2]. Group 2: Technical Details - The drilling program aims to explore new silver and cobalt targets based on an updated structural model derived from airborne magnetic and VLF-EM surveys conducted from 2017 to 2021, totaling 522.9 line-kilometers [3]. - A significant focus will be on the Block 9 silver anomaly, previously explored by Teck in the early 1970s, which yielded assays of 326 grams per tonne silver (9.5 oz/ton) [4]. - The program will also target the South Keora shaft, a historic high-grade prospect with reported sampling results of 12-15% cobalt and up to 1,000 oz/ton silver from around 1913 [4]. Group 3: Management Insights - Jason Gigliotti, President and CEO of Makenita Resources, emphasized that this drilling marks a significant milestone for the company, aiming to validate historical mineralization and unlock potential value for shareholders [5]. - The Hector Project is positioned as a core strategic asset for Makenita, situated in a historically rich mining district known for silver and cobalt production [5].

作 者丨 董鹏 编 辑丨巫燕玲 相对集中的供给结构、连续三年的单边下跌，赋予了钴价巨大的价格弹性。 截至3月1 0日，国内钴（1 #）平均价达到2 2 . 3万元/吨，较2月2 4日（不包含周末）的低点累计 上涨4 0 . 2 5%。 此次钴价异动与刚果（金）近期调整出口政策密切相关，并对国内钴酸锂、硫酸钴与电池回 收等细分行业，以及相关上市公司的经营层面构成显著影响。 以三元动力电池为例，根据兴业证券测算， 钴价每上涨6 0%，理论上单台新能源汽车三元动 力电池成本将提高约1 0 0 0元左右。 此外，考虑到上述主产国计划暂停钴原料出口时间较长，直接导致该行业供需过剩变成供需 紧张，包括券商、咨询公司等机构也普遍预计钴价的上涨仍将延续。 限供挺价 一般来说，当供需关系出现1 0%缺口便足以拉动大宗商品价格上涨，而近期钴行业的潜在供 需缺口则可能达到2 5%。 上周以来，也有广东等地企业宣布上调其钴酸锂、三元产品价格，涨价幅度在7%至2 2%之间 不等，同时一份新余赣锋电子有限公司的客户告知函近期也在广泛流传。 这类下游企业普遍反馈，因为上游原材料价格上涨导致其成本抬升明显，正计划对现有订单 重新定价或者上调 ...