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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > Massive Cobalt Offtake Deal Between Glencore and GEM
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Comment by Sogosohubidu201on Oct 08, 2019 10:45am
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Post# 30207038

RE:RE:RE:RE:RE:RE:RE:Massive Cobalt Offtake Deal Between Glencore and GEM

RE:RE:RE:RE:RE:RE:RE:Massive Cobalt Offtake Deal Between Glencore and GEMGEM and Glencore agreement is for GEM to purchase cobalt hydroxide containing 61,200 tonnes of cobalt metal equivalent with details below:

2020: cobalt hydroxide containing 13,200 tonnes of cobalt metal equivalent
2021: cobalt hydroxide containing 12,000 tonnes of cobalt metal equivalent
2022: cobalt hydroxide containing 12,000 tonnes of cobalt metal equivalent
2023: cobalt hydroxide containing 12,000 tonnes of cobalt metal equivalent
2024: cobalt hydroxide containing 12,000 tonnes of cobalt metal equivalent

Cobalt hydroxide typically contains 30-32% cobalt, but can be as low as 25% cobalt.
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