OTCPK:KATFF - Post by User
Post by
Lech1988on Oct 07, 2019 6:52am
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Post# 30202489
Massive Cobalt Offtake Deal Between Glencore and GEM
Massive Cobalt Offtake Deal Between Glencore and GEM GEM Co. Ltd (GEM) and Glencore are pleased to announce that they have entered into a five year agreement for the supply of cobalt hydroxide (cobalt).
Under the terms of the agreement, Glencore will provide a minimum of 61,200 tonnes of Cobalt for GEM between 2020 and 2024.
That is massive and is a good chunk of Glencore's planned KAT production.