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, Samsung SDI ink five-year cobalt supply

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Post by Sogosohubidu201on Feb 10, 2020 9:54am

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Post# 30667095

Glencore, Samsung SDI ink five-year cobalt supply

https://www.mining.com/glencore-samsung-sdi-ink-five-year-cobalt-supply/

Caspar Rawles

@CDMRawles

5h

Glencore/Samsung supply deal announced - 21kt #cobalt hydroxide between 2020-24. This adds to Glencores lists of public deals: SKI - 30kt 2020-25 GEM - 61.2kt 2020-24 Umicore - 7-10kt/yr ( 			@benchmarkmin
est.) Plus private deals - big buyers will have to look elsewhere to secure

 												Caspar Rawles
 												 
 												@CDMRawles
 									·
 									4h
 												 
Adding this all up, alongside private deals  							@benchmarkmin
estimates Glencore have well below 10% of their #cobalt hydroxide supply not tied up in long term agreements between 2020-2024
 											 
 										1
 											 
 										10

Caspar Rawles

@CDMRawles

5h

Glencore/Samsung supply deal announced - 21kt #cobalt hydroxide between 2020-24. This adds to Glencores lists of public deals: SKI - 30kt 2020-25 GEM - 61.2kt 2020-24 Umicore - 7-10kt/yr ( 				@benchmarkmin
est.) Plus private deals - big buyers will have to look elsewhere to secure