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Cobalt explorers dreaming of EVs

There has been a plethora of cobalt exploration projects springing up on the back of rising demand and prices, but the majority have so far been confined to Australia, North America and the Democratic Republic of Congo.

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Ardea claims to have the biggest cobalt resource in Australia with its KNP project

Australian resources tend to come in the form of either nickel-cobalt laterites overlying ultramafic rocks, or within sediment hosted copper mineralisation.