Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

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Katanga Mining Ltd Ord > Glencore AGM

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Comment by Sogosohubidu201on May 09, 2019 4:14pm

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Post# 29731040

RE:RE:RE:RE:RE:RE:RE:Glencore AGM

@topdop, interesting topic, thanks. Cobalt hydroxide Co(OH)2 - molecular weight 92.95. Co metal - atomic mass 58.9. Cobalt hydroxide at its absolutely pure form contains: 58.9 divided by 92.95 = 63.36% cobalt. Commercially cobalt hydroxide usually has purity of 96-99%, and thus standardized to 61.5% cobalt. In order for buyers and sellers to come to the same page, it is reffered to cobalt. For example, 1200 tonnes of cobalt containing hydroxide, it means 1200 tonnes of cobalt in the form of cobalt hydroxide. KAT cobalt hydroxide is sold based on the MB price. If you check the MB cobalt price, MB low grade. high grade and cobalt metal price, they are similiar. I could be wrong. Hopefully someone who is expert in this topic can jump in. This is my understanding, anyway.

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