Cobalt Blue and Glomar Minerals Progressing Project Infinity
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| Stock | Cobalt Blue Holdings Ltd (COB.ASX) |
|---|---|
| Release Time | 16 Jun 2026, 8:24 a.m. |
| Price Sensitive | Yes |
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Cobalt Blue and Glomar Minerals Advance Project Infinity
Key Points
- Strategic US entry with Glomar Minerals
- Accelerating site selection in the US
- Initial nodule samples received and testwork commenced
Full Summary
The consortium between Cobalt Blue Holdings Limited and Glomar Minerals LLC is making strides with Project Infinity, an initiative to establish the world's first commercial polymetallic nodule refinery in the United States. Since the consortium's formation in March 2026, significant progress has been made, including the selection of potential sites, receipt of nodule samples at the Broken Hill Technology Centre, and the commencement of initial testwork. These activities are crucial for defining the scope of the Pre-Feasibility Study and advancing the project's objectives.
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