GLEN Investors' Day: excerpt from FThttps://www.ft.com/content/abac62c8-15d5-11ea-9ee4-11f260415385 Subscription required.
In part, it says "Katanga is one of Glencore’s most important growth assets and a key part of its investment case".
Oh, thanks. But I already knew that.
Continuing to quote Freyberg FT states:
"Copper and cobalt are materials that will be needed in greater quantities as transport and cities are electrified. “We are on track to deliver,” said Peter Freyberg, the head of Glencore’s industrial, or mining assets. “Katanga is going really well.”
So KAT "is going really well".
Of course it is. You just went from 86.4% owner to >99.4% owner which means you can now do whatever you want.
These are my views only. Thanks for reading.