BERWYN, PA / ACCESS Newswire / September 10, 2025 / Chilean Cobalt Corp. (OTCQB:COBA) ("Chilean Cobalt" or the "Company") is pleased to announce that an independent panel of globally recognized sustainability experts from Digbee has awarded it an inaugural overall rating of BB for both its corporate and project performance, signifying its strong commitment to sustainable Environment, Social, and Governance (ESG) practices.
A BB rating signals that Chilean Cobalt has taken meaningful steps to embed ESG into its strategy and operations, and that its governance, stakeholder engagement, and environmental planning are aligned with leading global sustainability frameworks. According to Digbee's framework, ratings from BB to AAA recognize present positives and opportunities for improvement, while lower ratings reflect current risks or gaps.
This milestone reflects Chilean Cobalt's commitment to responsible development, transparent reporting, independent verification, and continuous improvement. The rating provides a credible, third-party baseline from which the Company will continue to strengthen its environmental, social, and governance (ESG) performance.
At Chilean Cobalt, responsibility is treated not merely as a principle, but as a practice. This independent assessment affirms a strong commitment to identifying and mitigating ESG risks. Through thoughtful, transparent action, the Company is dedicated to building long-term value for stakeholders. This rating is seen as a starting point rather than a finish line, with continued efforts planned to strengthen ESG initiatives.
Digbee's assessment methodology evaluates a comprehensive range of globally-aligned ESG factors, such as biodiversity, water stewardship, community engagement, governance, and infrastructure reuse. It considers both the asset's context and the effectiveness of management actions. The platform is endorsed by leading global financiers and designed to support future-looking risk mitigation strategies.
Chilean Cobalt's submission included detailed disclosures on:
Brownfield redevelopment of the historic La Cobaltera project and broader San Juan district
Infrastructure proximity and low-impact exploration planning
Stakeholder engagement and community alignment
Governance practices and Board oversight of ESG risks
The Company's Board and Management Team are committed to integrating ESG considerations into strategic decision-making and operational execution. Chilean Cobalt will use the Digbee rating to guide future improvements, track progress, and communicate transparently with investors and stakeholders.
Key Highlights from the Digbee ESG Assessment:
Governance & Strategy: ESG is embedded in company strategy, supported by a Board with diverse expertise in sustainability, government relations, mining, and finance. A formal ESG Management Plan is in development, informed by frameworks established by Digbee and the Initiative for Responsible Mining Assurance (IRMA).
Environmental Stewardship: The La Cobaltera project benefits from brownfield redevelopment and existing infrastructure.
Innovation & Risk Mitigation: The Company is exploring bioleaching of legacy tailings and Artificial Intelligence (AI)-assisted exploration to reduce environmental footprint and improve targeting.
Transparency & Continuous Improvement: Chilean Cobalt has committed to an IRMA self-assessment and is using the Digbee rating to guide future ESG capability development.
"Copper and cobalt supply chains are increasingly being differentiated by their ability to prove responsibility and resilience," according to Digbee CEO & Founder Jamie Strauss. "Chilean Cobalt's commitment to independent verification through Digbee not only strengthens efficiency within its operations but also builds the trust that stakeholders - from local communities, offtake providers to global investors - are demanding. This step demonstrates that responsible mining is no longer optional; it is a strategic advantage that sets leaders apart in critical mineral supply chains."
To read the full report, please visit https://digbee.com/organisation/chilean-cobalt-corp/overview
About Chilean Cobalt Corp.
Chilean Cobalt Corp. is a US-based and US-listed critical minerals exploration and development company focused on the La Cobaltera cobalt-copper project in northern Chile, one of the world's few primary cobalt districts. Chilean Cobalt is committed to creating ecological and social value for all stakeholders; economic value for Chile and the Chilean communities in which it operates; and financial value for its shareholders.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Examples of forward-looking statements, include, among others, statements the Company makes regarding its management's ability to integrate ESG considerations into strategic decision-making and operational execution, its ability to responsibly redevelop, including the ability to establish "Proven" or "Probable" Reserves, as defined by the SEC under Industry Guide 7, through the completion of a Definitive Feasibility Study for the minerals that the Company seeks to produce and the inherent risks of mining, exploration, development, and processing operations that may negatively impact the business. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the Company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events
CONTACTS:
Chilean Cobalt Corp.
Duncan T. Blount
Chairman & CEO
Duncan.Blount@chileancobaltcorp.com
SOURCE: Chilean Cobalt Corp.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/metals-and-mining/chilean-cobalt-corp.-announces-inaugural-digbee-esg-rating-highlighting-commitmen-1071052
