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 > Copper and Cobalt - KAT

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Comment by patels96on Jun 14, 2019 11:35am

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Post# 29826328

RE:RE:RE:RE:Copper and Cobalt - KAT

Yes but we haven't factored into the C1 Cash Cost the potential savings fomr the current projects (Cobalt Debottleneck, Acid Plant). Also, the higher grades at KCC will definately help us lower mining costs in the future, as the world grades are decreasing (thus increasing mining costs). Ultimately, without Cobalt credits, the Long-Term C1 Cash Cost would be ~$2.25/lb according to my calculation

None of this has been factored into the price by the Market

Market will value these savings accordingly as we hit the milestones in the coming months along with the completion of the ION Exchange

Best,

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