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 > China / Commodity Malaise

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Comment by patels96on Jun 27, 2018 11:30pm

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RE:China / Commodity Malaise

You have to remember KAT doesn't sell the copper cathodes/concentrates or cobalt hydroxide to the end user. KAT has an off-take agreement with GLEN where GLEN buys 100% of KATs production at arm's length transaction (fair market price). In addition, DRC is the only country with copper mines at substantially higher grade then elsewhere in the world, so the end processed copper (concentrates) can fetch a premium to spot. Best, Katanga Shareholder

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