Australia's Cobalt Blue gains on proposed cobalt sales deal
19/10/2026 04:36
BUZZ-Australia's Cobalt Blue gains on proposed cobalt sales deal ** Shares of Cobalt Blue Holdings COB.AX rise 7% to A$0.061, their biggest percentage gain since September 15
** Stock hits its highest level since October 12** Mineral processor signs term sheet with STG Metals for sale of cobalt metal rounds from its proposed Kwinana Cobalt Refinery in Western Australia (WA)
** Says proposed offtake represents a substantial contribution towards its share of the refinery's overall offtake requirement** Stock down 28.9% YTD, including moves in current session
(Reporting by Swetha Lakshmi in Bengaluru)
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