OTCPK:KATFF - Post by User
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Sogosohubidu201on Feb 14, 2020 10:15pm
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RE:KAT produced 17,054 t cobalt, but sold 4,257 t cobalt 2019
RE:KAT produced 17,054 t cobalt, but sold 4,257 t cobalt 2019https://finance.yahoo.com/news/glencore-held-stocks-12-797-150127691.html
Glencore held stocks of 12,797 tonnes of cobalt at the end of 2019
LONDON, Feb 14 (Reuters) - Glencore's Katanga operation in Africa held unsold stocks of 12,797 tonnes of battery material cobalt with a current market value of more than $400 million at the end of last year, statements from Katanga show.
Toronto-listed Katanga Mining, mostly owned by London-listed Glencore produced 17,054 tonnes of cobalt contained in hydroxide last year and sold only 4,257 tonnes over the same period.