Post by
MCFer on Sep 07, 2019 10:43am
Glencore Shuts Cobalt Mine - Much Less World Supply Going
Forward ...........
Glencore tries to limit fallout from shutting the world's largest cobalt mine in Congo
""Glencore Plc hopes mothballing the world’s largest cobalt mine in the Democratic Republic of Congo will revive prices, but it’s likely to carry a significant political cost.Mutanda, source of about one-fifth of the metal used to make batteries in mobile phone and electric cars, will stop operations by the end of the year and go into a care and maintenance program.""
https://business.financialpost.com/commodities/mining/glencore-tries-to-limit-fallout-from-shutting-the-worlds-largest-cobalt-mine-in-congo