COBALT
A scoping study into the Mt Thirsty joint venture (JV) cobalt project, in Western Australia, has estimated that the project could produce up to 1 280 t/y of cobalt and up to 1 660 t/y of nickel over a mine life of 21 years.
ASX-listed Barra Resources and fellow-listed Conico on Thursday reported that the JV project would require a capital investment of A$212-million to develop a 1.5-million-tonne-a-year operation.
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