Katanga Mining Ltd Ord KATFF

Glencore's Mutanda Mine Closure

[Sogosohubidu201]

https://seekingalpha.com/article/4283539-glencores-mutanda-mine-closure-cripple-kill-tesla

....."In its 2018-2019 Cobalt Market Review, Darton Commodities forecast total global supply of 140,000 tonnes in 2020 vs. total global demand of 132,000 tonnes.

The Mutanda mine closure will immediately shift the cobalt supply and demand balance from a comfortable 4,000-tonne surplus to a crushing 19,000-tonne deficit.".....

In its 2018-2019 Cobalt Market Review, Darton Commodities forecast total global supply of 140,000 tonnes in 2020 vs. total global demand of 132,000 tonnes.

The Mutanda mine closure will immediately shift the cobalt supply and demand balance from a comfortable 4,000-tonne surplus to a crushing 19,000-tonne deficit.