Daily Brief Australia: Cobalt Blue Holdings, Akora Resources, Resources & Energy and more

In today’s briefing:

Cobalt Blue Holdings – Mining-To-Refining Cobalt for Global Battery Supply Chain
Akora Resources Ltd – Developing High-Grade Iron Ore for the Green Steel Future
Resources & Energy Group – Nickel, Cobalt and Gold Focus in Western Australia

Cobalt Blue Holdings – Mining-To-Refining Cobalt for Global Battery Supply Chain

Cobalt Blue Holdings Ltd (ASX:COB) is a mining and mineral processing company focused onadvancing cobalt mining and refining operations in Australia.
The company is developing the Broken Hill Cobalt Project (BHCP) in far west NSW and concurrently in planning on a Kwinanacobalt refinery in WA with a definitive feasibility study underway.
Cobalt Blue Holdings wasfounded in 2016 and listed on the ASX in early 2017.

Akora Resources Ltd (ASX:AKO) is an exploration company engaged in the development of three iron ore projects, Bekisopa, Tratramarina and Ambodilafa, in Madagascar.
The company has initially focused on Bekisopa, which has a maiden resource of 194.7Mt with the potential for significant high-grade lump direct ship ore (DSO).
The Indicated DSO is 4.4Mt at 61% Fe, “Green Steel” 34Mt at 58% DTR to 69% Fe concentrate.

Resources & Energy Group Ltd (ASX:REZ) is an exploration company engaged in the development of its flagship East Menzies gold project, 130km north of Kalgoorlie, Western Australia.
The company has been operating as a gold, nickel and cobalt exploration and development company since 2015 and currently has gold and silver resources of 183koz gold and 862koz silver.
REZ recently announced (17-Oct) that optimisation studies at the Goodenough and Maranoa gold prospects within the East Menzies district had confirmed an opportunity for a low cost, near- term open cut mining operation at Goodenough, which had previously been worked as an underground resource with historic production of ~21,532t at 14.91g/t.

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