RE: Good RNS this morning..13 Apr 2026 19:38
The Minerals Council of Australia (MCA) can offer significant strategic and operational advantages to Cobra Resources, particularly following the appointment of its own Chair, Andrew Michelmore, as Cobra’s Non-Executive Chairman on 13 April 2026.
Strategic Benefits for Cobra Resources
Government & Policy Influence: As the peak industry body, the MCA advocates for policies that directly benefit critical mineral developers. This includes lobbying for faster environmental approvals and a 10% tax incentive for eligible processing expenditure, which Cobra could leverage for its Boland and Manna Hill projects.
Access to Capital & Partnerships: The MCA provides a platform for junior explorers to gain market visibility among major miners and global investors. With Michelmore’s dual role, Cobra is better positioned to form strategic joint ventures or attract the funding needed to transition from exploration to production.
Operational Standards & ESG: MCA members must adhere to high sustainability and safety standards. This alignment helps junior companies like Cobra meet the strict Responsible Mineral Exploration (IRMA) criteria required by institutional investors and international partners.
Workforce & Technical Expertise: Through the MCA's Mining Skills Organisation Pilot, Cobra can access a pipeline of highly skilled workers and technological advancements, such as low-impact extraction methods like In-Situ Recovery (ISR) planned for the Boland project.
How Andrew Michelmore Connects the Two
Michelmore’s leadership at the MCA gives Cobra a direct line to the most influential figures in Australian mining. This "insider" status is critical for a company aiming for bottom-quartile production costs and looking to play a major role in the global critical minerals supply chain.
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