Cobalt Blue Secures Glencore Supply Deal for Kwinana Cobalt Refinery

Cobalt Blue Holdings Limited (ASX: COB) has signed a pivotal agreement with Glencore International AG to supply cobalt hydroxide for its Kwinana Cobalt Refinery (KCR) in Western Australia. Under this three-year contract, Glencore will deliver up to 50% of KCR’s feedstock requirements, with a minimum of 3,750 tonnes sourced from its operations in the Democratic Republic of Congo. This milestone significantly reduces project risk and supports Cobalt Blue’s strategy to become a key player in global critical mineral supply chains.

Jointly developed with Iwatani Australia, KCR is set to be Australia’s first cobalt sulphate refinery, producing battery-grade cobalt for EVs and high-grade cobalt metal for industrial and defence uses. Both parties are committed to ESG compliance and responsible sourcing practices. This agreement not only reinforces Cobalt Blue’s market positioning but also marks progress toward Australia’s Critical Minerals Strategy and future Final Investment Decision (FID).

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