Dec 4 (Reuters) - Broken Hill Prospecting Ltd BPL.AX :
* CO & COBALT BLUE HOLDINGS AGREED ON TERMS FOR COB TO ACQUIRE 100% OWNERSHIP OF BROKEN HILL (THACKARINGA) COBALT PROJECT
* AGREEMENT WILL RESULT IN DISSOLUTION OF THACKARINGA JV AND PROVIDE COB WITH FULL CONTROL & CONTINUING MANAGEMENT OF PROJECT