Australia's Cobalt Blue eyes best day in 3 months on cobalt find

Cobalt Blue Holdings

04/03/2026 04:59

** Shares of Australia's Cobalt Blue COB.AX rise as much as 11.4% to A$0.078, their biggest intraday pct gain since November 28, 2025

** Stock touches its highest level since February 26, 2026

** The cobalt explorer says it has found significant cobalt sulphate samples at its Kwinana Cobalt Refinery in Australia

**  Co says its cobalt sulphate meets Pre-Cursor Cathode Active Material (pCAM) buyer specifications

** Cobalt-containing pCAM is used in battery applications, especially in electric vehicles

** Despite moves, COB down 8.4% YTD

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))