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Cobre Ltd (ASX:CBE)

ALERT: Price-sensitive ASX Announcement for CBE
Current share price for CBE : $0.350 0.27 (337.50%)+
Announcement
Release
15 Oct 2025 8:34AM
Price at Release
$0.080
Full Release
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Summary
Cobre Limited announced that the Botswana Department of Environmental Protection has approved the proposed scope of work for an Environmental Impact Assessment (EIA) related to an In-Situ Copper Recovery (ISCR) pilot plant at the Ngami Copper Project in Botswana. This approval marks a significant milestone in the environmental permitting process, providing a framework to advance specialist studies and reporting requirements necessary for the pilot plant's development. The EIA will include community engagement and baseline studies, which are now underway. Cobre's CEO, Adam Wooldridge, emphasized the importance of this milestone in de-risking the permitting process and unlocking the project's potential value for shareholders and the local communities.
Key Points
  • Cobre Limited received approval from the Botswana DEP for an EIA for the ISCR pilot plant.
  • The project is part of the Ngami Copper Project in Botswana.
  • The EIA includes community engagement and baseline studies.
  • This approval is a key milestone in the permitting process.
  • CEO Adam Wooldridge highlighted the project's value for shareholders and communities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.