RE:RE:Glencore To Close DRC Copper/Cobalt MineLMAO...Glencore just invested in FCC to startup the rifinery so they are difenitely not walking away from DRC. They control enough of the cobalt market that they able to have an effect on the price by halting production not canceling it. this is the same reason KAT is delaying the ion exchange and stockpiling cobalt....its the same strategy the saudi use when oil price gets too low (cut production) Glencore owns enough of the market to do this and you should thank them. If you think Glencore is going to walk away from cobalt and let the chinese take it all I got some land in florida to sell you bud. Buyer beware with this guy folks!