DRC cobalt and European Warehouses;Basically stating that their Canadian properties are worth nothing;
Coniagas has successfully identified potential monthly shipments of 200 to 500 tonnes of cobalt-copper concentrates from European warehouse operators, ensuring a reliable supply of high-quality raw materials. This complements the significant stockpiles in the Democratic Republic of the Congo reported in an earlier press release, which total approximately 30 million tonnes with industry-leading grades ranging from 1 per cent to 6.5 per cent copper and from 0.05 per cent to 4.5 per cent cobalt. This expansionary approach underpins the company's Feed First strategy, which prioritizes reliable, long-term metal sources to support continuous production and supply chain resilience.