Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (June 2025)
24 slides from Cobalt Blue's investor presentation, Jun 10, 2025
Slide 1: Corporate Presentation ASX announcement cover
Cobalt Blue Holdings Limited ABN 90 614 466 607 Address: Suite 12.01, Level 12, 213 Miller Street, North Sydney, NSW 2060 Website: www.cobaltblueholdings.com Facebook: www.facebook.com/Cobalt.Blue.Energy/ LinkedIn: www.linkedin.com/company/cobalt-blue-holdings 10 June 2025 ASX Market Announcements O
Slide 2: Corporate Presentation June 2025
Corporate Presentation June 2025 For personal use only ASX: COB
Slide 3: Disclaimer
Disclaimer The following notice and disclaimer apply to this investor presentation (Presentation). Forward-looking statements and forecasts You are, therefore advised to read this carefully before reading or making any other use This Presentation contains certain “forward-looking statements” and com
Slide 4: Cautionary Statement
Cautionary Statement The Scoping Study referenced in this announcement was the subject of an ASX Announcement released on 6 June 2025 titled ‘Halls Creek Project Scoping Study delivers a near-term copper-zinc opportunity’. The Scoping Study was undertaken to assess the potential viability of the Hal
Slide 5: COB Capital Structure
COB Capital Structure For personal use only Capital Structure: Ordinary Shares: 444.7m Performance Rights 8.6m Options (expiry 23/4/2027 Ex. Price $0.20): 43.5m Promissory Note: (due 1 Oct 2025) $1.0m Market Cap (undiluted): $27.1m Share Price (as at market close 6 June 2025) : $0.061 Cash
Slide 6: Halls Creek project summary
Kimberley region of Western Australia Location Sealed road access to Wyndham Port & airport For personal use only Ownership JV with AuKing: COB 51% with opportunity to increase to (Earn-in) 75% subject to A$2m expenditure over 3 years Onedin: Total of 4.8Mt (Indicated) at 0.7% Cu, 3.1% Zn Resource a
Slide 7: Halls Creek Project Delivers value to COB
High-grade oxide-supergene copper mineralisation intersected by AORD004 comprising 16.6m at 10.2% Cu, 0.46% Pb, 1.03% Zn & 316g/t Ag from 130m (core pictured at approximately 137m) as Halls Creek released on 18 February 2025 in the market announcement titled ‘COB Diversifies – Major Copper Project E
Slide 8: Halls Creek Project tenements and two-stage plan
Halls Creek Project For personal use only Tenements The Project comprises an extensive tenement portfolio covering some 250 km2 with the main deposits (Sandiego and Onedin) hosted within two existing Mining Leases Two Stage Project The Scoping Study proposed commencing mining and processing operatio
Slide 9: Stage 1: Onedin Open Pit and Heap Leach
Stage 1: Onedin Open Pit and Heap Leach For personal use only Onedin Mineral Resource1 Tonnes (Mt) Cu (%) Zn (%) Ag (g/t) $AUD/t Onedin Capex A$m Processing Operating Costs process feed Copper Zone Process Plant 22 LOM Mining Costs $4.59 1.5 1.1 0.6 47 Infrastructure 37 Labour $15.09 Zinc Zone 7 EPC
Slide 10: Stage 2: Sandiego Underground and Concentrator
Stage 2: Sandiego Underground and Concentrator For personal use only Sandiego Mineral Resource1 Tonnes (Mt) Cu (%) Zn (%) Ag (g/t) $AUD/t Sandiego Capex A$m Processing Operating Costs process feed Copper Zone Process Plant 22 LOM Mining Costs $77.34 2.0 2.2 1.1 16 Infrastructure 14 Labour $18.88 Zin
Slide 11: Halls Creek Parameters, Assumptions & Sensitivities
Halls Creek Parameters, Assumptions & Sensitivities Parameter Estimated outcome 2027 2028 2029 2030 LT Economic evaluation: Copper1 US$/t $10,002 $10,550 $10,624 $10,828 $10,022 For personal use only Pre-tax NPV 8% (real) A$172m Post-tax NPV 8% (real) A$121m Zinc1 US$/t $2,611 $2,578 $2,523 $2,536 $
Slide 12: Kwinana Cobalt Refinery overview
For personal use only Kwinana Industrial Area Location Western Australia Partner Iwatani Corporation (Australia)* Stable returns through the Products Cobalt sulphate or cobalt metal cobalt price cycle Cobalt intermediates: Feedstock hydroxides, sulphides, black mass ~50 full-time Capacity 3,000 t Co
Slide 13: Kwinana refinery status and future work
For personal use only Status Feedstock contract with Glencore Binding, pre-FID Consortium Deed with Iwatani Offtake 70% COB / 30% Iwatani +150kg cobalt sulphate produced, samples sent for customer qualification Engineering partner appointed (Tetra Tech Coffey) Operating Permit applicatio
Slide 14: Feedstock Sources & Product
Feedstock Sources & Product For personal use only Cobalt intermediates from: Cobalt Products: International & Domestic sources Sulphate Potential COB projects Metal Cobalt hydroxide feedstock Cobalt sulphate product Cobalt metal product (from EW) 13 Source: Cobalt Blue Holdings Limited
Slide 15: Economics
Economics For personal use only Detailed Capital Cost Estimate: All-in Sustaining Costs (AISC) Item A$m Plant Direct Equipment $14.6 incl 10% contingency Installation $ 21.6 incl 17% contingency Site Infrastructure $10.3 incl 15% contingency Engineering $9.7 First Fill Requirements $0.76 incl 10% co
Slide 16: Broken Hill Technology Development Centre
Broken Hill Technology Development Centre Pilot Plant (2021) + Demonstration Plant (2022–ongoing) For personal use only +A$15m invested since 2021 Large-scale operations demonstrating all stages of the patented flowsheet Successfully tested ore, cobalt/nickel intermediates, black mass Produc
Slide 17: Global Cobalt Sulphate Capacity
Global Cobalt Sulphate Capacity (tonnes Cobalt) China For personal use only 2024 2030 Canada 100,900 111,000 2024 2030 EU 0 2,000 2024 2030 6,000 6,000 Morocco Other Asia USA 2024 2030 2024 2030 2024 2030 0 1,000 300 1,500 0 2,000 Indonesia 2024 2030 3,200 9,000 There are just 5 cobalt sulphate refi
Slide 18: Why KCR Matters: Filling the Gap
Why KCR Matters: Filling the Gap KCR is uniquely positioned to address Global Cobalt Sulphate Production vs Demand For personal use only a significant market gap among Australia’s critical minerals partners. Help solve a significantly ‘at-risk’ supply chain: Australia and its critical minerals par
Slide 19: Cobalt Market Outlook
Cobalt Market Outlook The DRC and increasingly Indonesia control supply EV demand dominates cobalt’s demand, but others remain key drivers For personal use only 2018 2030 The perceived oversupply requires new project coming online The cobalt price is entering a cyclical upturn LT Price 18 Source: Be
Slide 20: Cobalt Market Outlook
Cobalt Market Outlook Cobalt provides lithium-ion batteries superior energy density and thermal stability For personal use only EVs are forecast to reach +40% of global vehicle sales by 2030 Global EV Cathode Demand by Chemistry Nickel : Cobalt-based chemistries forecast to remain ~45% market share
Slide 21: Broken Hill Cobalt Project
Ancillary infrastructure Power, water, rail and road connections to existing networks (onsite renewable power generation also being considered). 25km southwest of Broken Hill, For personal use only Location Integrated Waste Landforms New South Wales For sustainable, post-closure storage of mine
Slide 22: Compliance Statements
Compliance Statements Information included in this presentation is, in part, extracted from reports available via https://www.cobaltblueholdings.com and is referenced in the following Compliance Mineral Resource estimate for the Onedin deposit detailed For personal use only Statements. by classifica
Slide 23: Compliance Statements
Compliance Statements Information included in this presentation is, in part, extracted from reports For personal use only available via https://www.cobaltblueholdings.com/ and referenced in the following Compliance Statements. The Company confirms that it is not aware Assumption Input of any new inf
Slide 24: Compliance Statements
Compliance Statements The Mineral Resource estimate for the BHCP deposits (at a 275 ppm CoEq cut-off) detailed by Mineral Resource classification. Note minor rounding errors may have occurred in compilation of this table. For personal use only Classification Tonnes (Mt) CoEq (ppm) Co (ppm) S (%) Ni
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