Cobalt Blue Shares Surge on Glencore Supply Deal

Terra Metals Inc. and Metalex Commodities Seal $100M Critical Minerals Deal; Lunda Resources to Commission 240 TPH Copper-Cobalt Plant by September 2025

CHARLOTTE, N.C. and LUSAKA, Zambia, May 28, 2025 (GLOBE NEWSWIRE) -- Terra Metals Inc., a U.S.-based critical minerals development company, and Metalex Commodities, a global energy and resources investment firm, have concluded final negotiations to establish Lunda Resources, a new…

Cobalt Blue shares surge on Glencore supply deal

Shares in ASX-listed Cobalt Blue surged after it locked in a supply contract with mining major Glencore to feed its early-stage cobalt and nickel refinery project in Kwinana.

Terra Metals, Metalex in $100M Zambia deal – The Northern Miner

U.S.-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized talks on the creation of what they call a “new copper and cobalt production powerhouse” in...