CBLT Inc

Industry: Other Industrial Metals & Mining

Sector: Basic Materials

Primary metal: Gold

About

Cobalt Blockchain Inc. is a Canadian resource company specializing in the exploration, development, and trading of strategic energy metals, with a primary focus on cobalt and copper. The company is notable for its active projects in the Democratic Republic of Congo, a globally significant region for cobalt production. Cobalt Blockchain Inc. distinguishes itself by integrating innovative blockchain technology into its mineral supply chain, implementing a traceability platform aimed at certifying the ethical sourcing of minerals. This approach addresses industry challenges related to responsible sourcing, particularly in regions associated with artisanal mining and human rights concerns. The company positions itself as an intermediary in the mining supply chain, working closely with local cooperatives to facilitate the procurement, processing, and export of conflict-free cobalt concentrate to international buyers. Cobalt Blockchain Inc. has also pursued partnerships and joint ventures to expand its project portfolio, while adhering to international guidelines for responsible mineral sourcing. In 2021, the company rebranded as Enerev5 Metals Inc., reflecting a broadened focus on additional battery metals critical to emerging industries and global clean energy transitions.

Symbol: CBLTExchange: TSXVCurrency: CAD