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 > Glencore's Mutanda Mine Closure

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Comment by Sogosohubidu201on Aug 14, 2019 3:58pm

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Post# 30028752

RE:RE:RE:Glencore's Mutanda Mine Closure

Darton's refined cobalt supply progression is as follows:

2018 - 113,700 t
2019 - 125,400 t
2020 - 139,600 t
2021 - 149,400 T

The above Darton refined cobalt supply was before the closure of Mutanda by the year end. If included the closure of Mutanda, the refined cobalt supply might be at assuming 15% refining loss

2018 - 113,700 t
2019 - 125,400 t
2020 - 118,350 t
2021 - 128,150 T

Cobalt market is going to be tight, very tight in 2020-2021.

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