Cobalt Blue contracted to undertake PEA for Glomar
Cobalt Blue Holdings Ltd
Key points
- Cobalt Blue contracted for PEA for Glomar's US polymetallic refinery
- Contract includes metallurgical testwork and process flowsheet development
- Cobalt Blue to receive US$150,000 for the work
- PEA targeted for completion in Q4 2026
Full summary
Cobalt Blue Holdings Limited has been contracted by its consortium partner Glomar Minerals LLC to deliver key technical workstreams for a Preliminary Economic Analysis (PEA) for Project Infinity, a planned US-based polymetallic nodule refinery. The PEA is intended to assess the technical and economic feasibility of processing polymetallic nodules and will support the evaluation of Project Infinity. The contracted scope includes metallurgical testwork, process flowsheet development, capital and operating cost estimation, and US site evaluation activities. Cobalt Blue will receive US$150,000 for the work, applying the Company's proprietary processing technology and capabilities at the Broken Hill Technology Centre. The PEA is currently targeted for completion in Q4 2026.