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Australia's Cobalt Blue jumps on plans to build US deep-sea mineral processing plant

ReutersMar 30, 2026 1:27 AM

Cobalt Blue Holdings COB.AX jumps as much as 10.7% to A$0.083, highest since January 30

Co and deep-sea mining firm Glomar Minerals plan to build U.S. refinery in three years to process critical minerals extracted from the bottom of Pacific Ocean

About 2.1 million shares traded, 2.2x the 30-day average

YTD, COB down 3.6%

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