Fabled Silver Gold Corp T.FCO

are we depending on the wrong horse

[farml1234]

Glencore suspends cobalt sales at key DRC mine after uranium found

One of Glencore’s key cobalt mines in the Democratic Republic of Congo has halted sales of the battery metal after it found traces of the nuclear fuel uranium on the site.



Katanga said it will keep producing cobalt but stockpile the metal until it had constructed a $25m Ion Exchange system to remove the uranium, which was likely to be completed by the second quarter of 2019.

A total of 1,472 tonnes of cobalt has so far been impacted by the suspension, Katanga said. The mine produced 3,500 tonnes of cobalt in the third quarter of this year.

“The temporary suspension of cobalt sales during the construction of the Ion Exchange system is expected to negatively impact revenue of Katanga during the fourth quarter of 2018 and the fist and second quarters of 2019,” Katanga said.
 

Is there a better way to remove the arsenic from our product or is the uranium a clear different matter and problem . Hey just maybe we have uranium in our cobalt also .


JMHO