Cobalt Mining News in Western Australia

Conico Ltd
Conico Ltd
CNJ
Western Australia

CNJ: Annual Report to shareholders

Conico Ltd's annual report for the year ended June 30, 2026, details a successful recapitalisation that has left the company debt-free and funded for near-term exploration. Despite reporting a significant net loss of $13.87 million, the company plans to conduct drilling at its Mt Thirsty Project in Western Australia to integrate scandium into the existing cobalt-nickel-manganese JORC Resource, building on promising historical intercepts. Additionally, new licence applications for rare earth elements and gold-PGE projects were lodged in East Greenland, although existing Greenland assets faced impairment due to a lack of field activities during the year.

View story
COBALT BLUE HOLDINGS LIMITED
COBALT BLUE HOLDINGS LIMITED
COB
Western Australia

COB: Annual Report to shareholders

Cobalt Blue Holdings Limited's 2026 Annual Report highlights significant progress on its Kwinana Cobalt Refinery, including product qualification and regulatory approvals, alongside successful capital raises. The company also advanced strategic partnerships for polymetallic nodule processing and battery black mass recycling. However, the report notes a substantial financial loss and an auditor's warning regarding going concern, while key resource estimates remained unchanged from the prior year.

View story