Chilean Cobalt Corp. (COBA) enters $3M Corfo-backed sustainable cobalt project

Rhea-AI Filing Summary

Chilean Cobalt Corp. reported that it is part of a consortium selected for a Sustainable Cobalt Project that has been awarded a $3,000,000USD grant from Corfo, Chile’s economic development agency. The three-year project aims to develop ways to recover cobalt from tailings and mining waste, with total expected project costs of $3,950,000USD.

The non-grant portion of $950,000USD is expected to be funded by consortium participants, with $600,000USD as in-kind support and $350,000USD as direct monetary contributions. Chilean Cobalt Corp. expects to provide about 21% of this consortium support, split roughly half in-kind and half in cash over the project’s life. The filing furnishes, but does not file, the related press release as an exhibit.

Insights

Mining and critical minerals analyst

Grant-backed R&D consortium supports Chilean Cobalt’s technology development with limited direct cash outlay.

Chilean Cobalt Corp. joins a consortium that secured a $3,000,000USD grant from Corfo for a Sustainable Cobalt Project targeting recovery of cobalt from tailings and mining waste. Total project costs are projected at $3,950,000USD over approximately three years, with the grant covering most of the budget and the remainder funded by participants.

The non-grant share of $950,000USD is expected to consist of $600,000USD in in-kind contributions and $350,000USD in cash from consortium members. The company plans to fund about 21% of this consortium support, split roughly half in-kind and half monetary, suggesting a manageable cash commitment while gaining access to partners such as Pucobre, ENAMI and a university research center.

Because the disclosure focuses on research funding and collaboration, with no revenue or earnings guidance, the direct financial impact is uncertain from the excerpt alone. Future updates in periodic reports could clarify how results from this project translate into commercial opportunities or reserves growth.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 20, 2026

CHILEAN COBALT CORP.

(Exact name of registrant as specified in its charter)

Nevada		333-268335		82-3590294
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

1199 Lancaster Ave, Suite 107

Berwyn, Pennsylvania 19312

(Address of principal executive offices)

(484) 580-8697

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions.

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On January 20, 2026, Chilean Cobalt Corp. (the “Company”) issued a press release announcing it is part of a consortium of participants in a Sustainable Cobalt Project, which has recently been awarded a $3,000,000USD grant from Corfo (the Chilean Economic Development Agency) to sustainably recover cobalt from tailings and mining waste. The other key participants in the consortium are Universidad Andres Belo, through its Center for Systems Biotechnology, Pucobre (SSE: PUCOBRE), a Chilean copper mining company listed on the Santiago Stock Exchange, and ENAMI, Chile’s state-owned mining company. The overall project is expected to take approximately three (3) years and require overall project costs of $3,950,000USD, of which the non-grant amount of $950,000USD is expected to be provided by the consortium participants and the balance of $3,000,000USD is being provided by Albemarle Limitada under agreement with Corfo to support research and development programs vetted and approved by Corfo. Of the projected $950,000USD consortium support, it is expected that $600,000USD will come from the value of in-kind support and the remaining $350,000USD will come from direct monetary support. The Company expects to fund approximately 21% of the overall consortium support with half of its support as in-kind and half as direct monetary support over the course of the project. The press release is attached hereto as Exhibit 99.1 and incorporated herein by this reference.

The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
99.1		Press release issued by Chilean Cobalt Corp. on January 20, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CHILEAN COBALT CORP
Dated: January 20, 2026	By:	/s/ Duncan T. Blount
	Name:	Duncan T. Blount
	Title:	Chief Executive Officer

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FAQ

What did Chilean Cobalt Corp. (COBA) announce in this 8-K filing?

The company announced it is part of a consortium in a Sustainable Cobalt Project that received a $3,000,000USD grant from Corfo to develop methods for recovering cobalt from tailings and mining waste.

How large is the Sustainable Cobalt Project involving Chilean Cobalt Corp. (COBA)?

The project is expected to require total costs of $3,950,000USD over approximately three years, funded by a $3,000,000USD Corfo grant and $950,000USD of support from consortium participants.

What is Chilean Cobalt Corp.’s expected financial contribution to the consortium?

Chilean Cobalt Corp. expects to fund about 21% of the $950,000USD consortium support, with roughly half as in-kind contributions and half as direct monetary support over the course of the project.

Who are the other key participants in the Sustainable Cobalt Project with Chilean Cobalt Corp. (COBA)?

The consortium includes Universidad Andres Bello through its Center for Systems Biotechnology, Pucobre, a Chilean copper mining company listed on the Santiago Stock Exchange, and ENAMI, Chile’s state-owned mining company.

How is the Corfo grant for the Sustainable Cobalt Project being funded?

The $3,000,000USD grant is being provided by Albemarle Limitada under an agreement with Corfo to support research and development programs that Corfo vets and approves.

Is the press release about the Sustainable Cobalt Project filed or furnished by Chilean Cobalt Corp.?

The press release is furnished, not filed, meaning it is not subject to Section 18 liability under the Exchange Act and is not automatically incorporated into other securities filings unless specifically referenced.