Cobra's Wudinna Keeps 91% of Recovery on 40% Less Reagent

Original announcement by cruxinvestor on

Company
Cobra Resources
Ticker
COBR
Exchange
Unavailable
Region
South Australia
Primary commodity
Rare earth
Secondary commodities
Uranium
Document categories
Metallurgy
Extracted
2026-09-17 19:18:26 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Cobra Resources has completed 24-hour desorption tests at its Wudinna rare earth project, establishing a measured recovery curve for the Boland and Head prospects. The results demonstrate that reducing ammonium sulfate concentration by 40% at Boland retains over 90% of the NdPr recovery, and even reagent-free acidified groundwater provides a significant recovery floor.

Reasoning: The desorption tests provide a quantified recovery envelope across varying reagent strengths and pH levels, significantly de-risking the technical aspect of the in situ recovery (ISR) method for the scoping study.

Positive factors

  • Measured recovery curve established
  • High recovery retention with reduced reagent concentration
  • Significant reagent-free recovery baseline
  • Bench-scale testing confirms ISR amenability

Negative factors

  • Commercial reagent consumption not yet established
  • Head prospect shows lower absolute recovery than Boland
  • Uranium recovery highly sensitive to reagent removal

Facts used in scoring: 5

Classification and evidence

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The document describes 'bench-scale testing' and '24-hour desorption tests' on composites, which are preliminary screening-level tests.

Evidence · text

“Bench-scale testing indicates the mineralization is amenable to ISR recovery techniques.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

desorption testsWudinna · neodymium and praseodymiumRecovery: 77 %Head Grade: 605Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Wudinna
Commodity
neodymium and praseodymium
Region
australia_sa
Reported Region
South Australia
Ticker
COBR

Test Work

Program Status
preliminary
Test Type
desorption tests
Processing Route
in situ recovery (ISR)
Sample
Boland composite, 0.5 M AMSUL, pH 3

Recovery

Recovery
77 %
Recovery Basis
actual_test
Head Grade
605
Head Grade Unit
ppm

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Baseline high recovery for the prospect under matched conditions.

Positive factors

  • High recovery at full strength

Evidence · text

“At pH 3, the Boland composite recovered 77% of its neodymium and praseodymium (NdPr)”
desorption testsWudinna · neodymium and praseodymiumRecovery: 70 %Head Grade: 605Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Wudinna
Commodity
neodymium and praseodymium
Region
australia_sa
Reported Region
South Australia
Ticker
COBR

Test Work

Program Status
preliminary
Test Type
desorption tests
Processing Route
in situ recovery (ISR)
Sample
Boland composite, 0.3 M AMSUL, pH 3

Recovery

Recovery
70 %
Recovery Basis
actual_test
Head Grade
605
Head Grade Unit
ppm

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Demonstrates strong economic potential by maintaining ~91% of recovery with significantly less reagent.

Positive factors

  • High recovery retention despite 40% reagent reduction

Evidence · text

“Moving to 0.3 M, a 40% reduction in reagent concentration, returned 70% NdPr”
desorption testsWudinna · neodymium and praseodymiumRecovery: 51 %Head Grade: 605Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Wudinna
Commodity
neodymium and praseodymium
Region
australia_sa
Reported Region
South Australia
Ticker
COBR

Test Work

Program Status
preliminary
Test Type
desorption tests
Processing Route
in situ recovery (ISR)
Sample
Boland composite, reagent-free acidified groundwater, pH 3

Recovery

Recovery
51 %
Recovery Basis
actual_test
Head Grade
605
Head Grade Unit
ppm

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Establishes a baseline recovery level that reduces the absolute reagent requirement.

Positive factors

  • Significant recovery floor without external reagent

Evidence · text

“acidified site groundwater with no added AMSUL still recovered 51% NdPr”
desorption testsWudinna · neodymium and praseodymiumRecovery: 40 %Head Grade: 706Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Wudinna
Commodity
neodymium and praseodymium
Region
australia_sa
Reported Region
South Australia
Ticker
COBR

Test Work

Program Status
preliminary
Test Type
desorption tests
Processing Route
in situ recovery (ISR)
Sample
Head composite, 0.5 M AMSUL, pH 3

Recovery

Recovery
40 %
Recovery Basis
actual_test
Head Grade
706
Head Grade Unit
ppm

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Shows different metallurgical response at Head prospect compared to Boland.

Negative factors

  • Lower absolute recovery compared to Boland

Evidence · text

“At 0.5 M and pH 3, the Head prospect recovered 40% NdPr”
desorption testsWudinna · uraniumRecovery: 29 %Head Grade: 605Head Grade Unit: ppmView all details
Link to this fact

Identity

Project
Wudinna
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
COBR

Test Work

Program Status
preliminary
Test Type
desorption tests
Processing Route
in situ recovery (ISR)
Sample
Boland composite, 0.5 M AMSUL vs 0.0 M AMSUL, pH 3

Recovery

Recovery
29 %
Recovery Basis
actual_test
Head Grade
605
Head Grade Unit
ppm

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Uranium recovery drops significantly when reagent is removed, indicating a potential byproduct recovery risk.

Negative factors

  • High sensitivity to reagent removal

Evidence · text

“reducing AMSUL from 0.5 M to 0.0 M reduced uranium recovery from 29% to 5%”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.