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Katanga Mining Ltd Ord KATFF

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

Comment by bigguy56on Dec 08, 2018 10:38pm
137 Views
Post# 29088189

RE:RE:RE:RE:what exactly is the "supply chain" in this case??

RE:RE:RE:RE:what exactly is the "supply chain" in this case??
Topdop, I have done a bit or research on these topics and that, combined with my own experience, tell me that what you are saying is not true. I do respect your knowledge, but while I may have jumped to some conclusions and dramatized a bit, I don't see what you are saying to be true. Could you provide some research as to what the "Supply Chain" is in Mining and what that has to do with Ore Blending? I did... the links are below. Every investor has to make their own decisions. Pity the fool that simply reads message boards and makes decisions on what they read. In this case I think that Congo is trying to find the source of the Uranium, and it is not in the ore. Given that, one could argue that maybe KCC or Glencore is trying to cook something up, although that would be very short-sighted. These places are focused on production at whatever margin, with zero downtime. According to what I found, the Supply chain in Mining includes the ore of course, but also everything that goes into the process. One of the largest components is water. Every one of these plants is situated near some large water body. I agree that there is lots of Uranium around, but I would think it is more likely that the water being used in the plant may have become laced with radioactivity from contact with Uranium and that is what this audit would be looking for. That, and any other materials used in the process. I still believe that the ore body would be well understood. If this is true, what the DRC wants to do is to find the source of the Uranium and eliminate it, not to build a plant to get rid of it in the final product. As for ore blending, I can't imagine that that would be a way of eliminating radioactivity. Without knowing specifics... I would guess that radioactivity is unacceptable in almost any amount. I do have a bit of experience in nuclear, and radioactivity emits... forever. Ore blending refers to blending different grades of ore to minimize cost, while delivering the required quality. I can relate to this in a recent project I was a part of. This was in northern Quebec, in an iron ore mine. This particular mine was exhausting it's current ore body and was forced to move on to a new one. The new ore body did not have the same quality as the last one so it required the use of a decommissioned concentrator in order to get that ore to the point where it could be sold. The project was to commission the concentrator. The issue was water content. Any ore being shipped could not exceed 10% water content. If it exceed that amount, it would freeze solid in the trains and could not be easily dumped. Hence, not saleable. Pretty simple. So, in order to achieve the required result, the company initiated an $8 Million dollar project to commission the plant, which had been decommissioned in 2015. Another contingent factor was ore prices stabilizing to make it worthwhile. To put this in perspective, every train leaving that plant was worth $1 Million in ore content. The objective is to keep production moving. So they made a decision to get it running, but only because the ore body required it. I am sure that they do Ore Blending... but I think that radioactivity would be not something that they would want to "blend". I have these links on Ore Blending and Mining Supply Chains. If you could provide some I would appreciate it. https://www.optikasolutions.com/grade-blending-for-iron-ore-processing-case-study/ https://www.researchgate.net/publication/259216891_Comparing_mining_and_manufacturing_supply_chain_processes_Challenges_and_requirements https://www.saimm.co.za/Journal/v101n02p061.pdf https://ac.els-cdn.com/S1878522013000040/1-s2.0-S1878522013000040-main.pdf?_tid=2e7282f8-ad70-4ba4-a6ee-2af0a9bd1a0c&acdnat=1544325271_c0b97205aaa786b8ccb4e64697999e74
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