Kobaloni Energy will be building the first battery grade cobalt sulphate refinery on the African continent! Our cobalt sulphate will provide automotive manufacturers with a key ingredient for their electric vehicle batteries.
We are excited to announce that we have recently completed a bankable feasibility study for a cobalt sulphate refinery. Our journey started in 2019 and the publication of the bankable feasibility study is the culmination of many years of process testing, flowsheet design and process engineering. We are proud of what has been achieved by not only our small dedicated team but also with the support of industry leading technology service providers and industry experts.
Cobalt is a critical mineral for the production of electric vehicles, and our company is committed to providing a sustainable and responsible source of this critical component of the energy transition. We use a state-of-the-art refining process that minimizes environmental impact, and we are working to source our cobalt from ethical and responsible sources.
We are also committed to bringing work, skills, and development to Africa, the home of the cobalt commodity. We believe that by investing in Africa, we can help to create a more sustainable and prosperous future for the continent.
Kobaloni Energy will make a significant contribution to the global electric vehicle industry. We are committed to working with our partners to help accelerate the transition to a clean energy future.
We will be announcing updates along our journey, so stay tuned!