en.Wedoany.com Reported - Australian company Cobalt Blue has entered into a consortium agreement with US-based Glomar Minerals to jointly advance a feasibility study for a key mineral facility named the "Infinite Project". The project aims to leverage Cobalt Blue's patented hydrometallurgical technology to support a planned 200,000-tonne-per-year polymetallic nodule processing plant in the United States.

Cobalt Blue CEO Andrew Tong stated: "Our partnership with Glomar Minerals presents a compelling opportunity to apply Cobalt Blue's patented hydrometallurgical technology to process a new and significant multi-commodity feedstock. Our technical work to date indicates that high metal recoveries are achievable."

Test work will be conducted at Cobalt Blue's Broken Hill Technology Centre, which helps reinforce Australia's reputation in mid-stream processing. Polymetallic nodules, rich in cobalt, nickel, copper, manganese, and rare earth elements, are viewed as a strategic multi-metal feedstock, aligning with US priorities for defense and advanced manufacturing supply chains.

Glomar Minerals Chairman Robbie Diamond noted: "This opportunity represents a game-changing chance to redefine critical mineral dependence and help the US win the race for polymetallic nodule dominance." The agreement is based on Cobalt Blue's strategy of developing an integrated mid-stream processing platform in Australia, with a portfolio including the Kwinana Cobalt Refinery, the Broken Hill Cobalt Project, and the Broken Hill Technology Centre.

The feasibility study is expected to last 18 to 24 months. The consortium will position the Australian-developed hydrometallurgical technology at the heart of a new, globally significant critical mineral supply chain. The advancement of the polymetallic nodule processing plant is anticipated to enhance the supply stability of critical minerals.

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