Chilean Cobalt consortium awarded $3M Corfo grant for cobalt recovery from mining waste

Chilean Cobalt Corp.

Grant of $3M from Corfo for Sustainable Cobalt Project; total project cost $3.95M.
Consortium includes UNAB, Pucobre (SSE: PUCOBRE), ENAMI, and Chilean Cobalt (OTCQB: COBA).
Project uses bioleaching technology to recover cobalt from tailings; 3-year execution period.
Funding from Corfo derived from Albemarle (NYSE: ALB) lithium concession agreement.
Chilean Cobalt expects to fund ~21% of consortium support, half in-kind and half cash.

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