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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 > Without good news....
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Comment by Newcoinson Nov 22, 2017 1:07pm
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Post# 27012664

RE:RE:RE:RE:RE:Without good news....

RE:RE:RE:RE:RE:Without good news....Hi @Stevercan  There will be no dump of new supply, analysts are forecasting a deficit in Copper, Cobalt is tied to mining copper.  The tremendous global demand will gobble up any cobalt in the market, mass transportation is going electric, global car fleet is going electric, not to mention off grid storage for renewables.   Half a dozen new Megafactories are coming online in the next 5 years, batteries will be produced at break neck speeds the demand for cobalt will be overwhelming going forward.  Most analysts agree that Cobalt prices will stay robust and more than likely increase. 
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