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 > Mutanda Closure “Changes Outlook Considerably” for Cobalt

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Comment by bobsacramentoon Aug 09, 2019 1:40am

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Post# 30009595

RE:RE:Mutanda Closure “Changes Outlook Considerably” for Cobalt

Yes finish that thought....therefore which automaker stands the most to lose given their massive investment? You’re so close Janine.

As for supply, yes if the automakers want to meet their timeline goals, but Glencore now will have the advantage to locked in higher fixed prices setting potentially a new benchmark, since they basically control 25% of total cobalt supply. Yes, Glencore will become the new OPEC.

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