Business
Chilean Cobalt Joins the U.S. Defense Industrial Base Consortium (DIBC)
BERWYN, PA / ACCESS Newswire / May 14, 2026 / Chilean Cobalt Corp. (OTCQB:COBA) ("Chilean Cobalt" or the "Company") is pleased to announce it has joined the U.S
About this update from Chilean Cobalt Corp.
[{"type":"text","content":" BERWYN, PA / ACCESS Newswire / May 14, 2026 / Chilean Cobalt Corp. (OTCQB:COBA) (\"Chilean Cobalt\" or the \"Company\") is pleased to announce it has joined the U.S. Defense Industrial Base Consortium (\"DIBC\"), a collaborative initiative focused on advancing secure, innovative, and resilient solutions for the nation's defense industrial base. As a member, Chilean Cobalt looks forward to working with other DIBC partners to share best practices, contribute to research, and support the consortium's mission of strengthening national security through industrial collaboration. Chilean Cobalt's decision to join in the DIBC reflects its understanding of the growing strategic importance of secure and geopolitically aligned supplies of critical minerals, including cobalt, copper, and rare earth elements (\"REEs\"), all of which are essential for advanced energy and material applications including electric vehicles and lithium-ion batteries, aerospace and defense manufacturing, and electrification. \"Joining the Defense Industrial Base Consortium represents an important milestone for Chilean Cobalt,\" said Duncan T. Blount, Chairman and Chief Executive Officer of Chilean Cobalt. \"The United States and its allies are increasingly focused on securing reliable and geopolitically aligned sources of cobalt, copper, and REEs required for defense systems and broader industrial resilience. We believe our projects and strategic partnerships position Chilean Cobalt to become an important future supplier of responsibly sourced critical minerals to the U.S. and allied markets. Participation in the DIBC provides opportunities to collaborate with U.S. government agencies, defense contractors, and strategic industry participants focused on supply chain resilience.\" This press release does not constitute an offer or sale of, or the solicitation of an offer to buy, securities of the Company nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Chilean Cobalt Corp. Chilean Cobalt Corp. is a US-based critical minerals exploration and development company focused on the La Cobaltera and El Cofre cobalt-copper projects in northern Chile's historic San Juan district, one of...