OTCPK:KATFF - Post by User
Comment by
Lech1988on Aug 07, 2019 3:39pm
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Post# 30003611
RE:RE:Glencore's Comments on Katanga
RE:RE:Glencore's Comments on KatangaAlso worth noting that is with Glencore’s assumption of 6500 for copper and about 30,000 for cobalt. I would say the copper assumption is about right but putting Mutanda on maintenance can have a dramatic impact on cobalt market sentiment and result in much much higher prices. Remember this is 27kt of clean cobalt being taken out of the market, I.e. the stuff western car companies can actually use which makes it all the more important.