Quarterly Activities Report
Sydney, April 27, 2022 AEST (ABN Newswire) - During the quarter the Australian Government granted Major Project Status to the Broken Hill Cobalt Project. Major Project Status extends for a three-year period to support the project through its development phase.
The awarding of Major Project Status provides Cobalt Blue Holdings Limited (
ASX:COB) (COH:FRA) (CBBHF:OTCMKTS) with extra support from the Major Project Facilitation Office Agency, including a single-entry point for Australian Government approvals, project support and coordination with State approvals.
The grant of Major Project Status by the Australian Government acknowledges the strategic significance of the BHCP as a key national project and is formal recognition of the national economic implications of the BHCP through its contribution to growth, productivity, government revenue, industry and regional development.
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https://abnnewswire.net/lnk/CFC7Y60O
About Cobalt Blue Holdings Limited
Cobalt Blue Holdings Ltd (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) is an exploration and project development company. Work programs advancing the Broken Hill Cobalt Project in New South Wales continue. Our ambitious goals are subject to funding availability. Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.
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