Filed with ASX · · 5 pages · English
Cobalt Blue Holdings Ltd. has signed a non-binding term sheet with STG Metals GmbH for the sale of cobalt metal rounds from its Kwinana Cobalt Refinery, marking a significant commercial milestone for the company. The term sheet establishes a pathway for offtake and is a key step towards a Final Investment Decision for the refinery project. Cobalt Blue aims to produce refined cobalt products for various applications, including battery supply chains and advanced manufacturing. The agreement includes binding obligations for both parties to negotiate the definitive Offtake Agreement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Page 1Cobalt Blue Holdings LimitedABN 90 614 466 607cobaltblueholdings.cominfo@cobaltblueholdings.comHIGHLIGHTS }Term sheet signed with STG Metals GmbH, for the sale of standard grade cobalt metal rounds (>99.8% Co)from the Kwinana Cobalt Re?nery (KCR).}The proposed commercial terms are...
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