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 > Massive Cobalt Offtake Deal Between Glencore and GEM

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Comment by topdopon Oct 08, 2019 8:32pm

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Post# 30209704

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Massive Cobalt Offtake Deal Between Glencore and GEM

@Sogosohubidu201 yes I do see your reference Sogo, but you can also surely see that the Glencore announcement beggars the question of Cobalt Hydroxide quantities: how much are they contracted to sell?

And outside of Cu cathode, what is it, exactly, that KAT produces by way of Co product?

By announcing offtake agreements for 61.5kt of Co metal when the molecular content of a Cobalt Hydroxide molecule is 61.5% is simply too accurate of a similarity - infact its not a similarity, its a MATCH - to be coincidental.

Definitely a bunch of Qs for the next Glen conference call...

Thanks as always for your continued contributions.

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