OTCPK:KATFF - Post by User
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Sogosohubidu201on Jun 17, 2018 9:55pm
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Post# 28184073
Glencore, Dan Gertler and US Government
Glencore, Dan Gertler and US Government www.bloomberg.com/...
Glencore consulted with both US and Swiss goverments before going ahead with the settlement with Dan Gertler. Cobalt is selected by US government as one of the strategical minerals for US safety. The last thing for US to do is to push Glencore to sell its DRC cobalt assets to the Chinese. So, the hint is that Glencore might have felt that the residual risk by passing the US ban is manageable.