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Glencore Plc will double its production of cobalt in the next two years, tightening its grip on the market for the key battery component of electric vehicles. The Swiss commodity giant’s Toronto-listed Katanga Mining Ltd. in the Democratic Republic of Congo will produce as much as 34,000 tons in 2019, Katanga said Monday. That compares with the 20,000 tons-a-year guidance Chief Executive Officer Ivan Glasenberg gave in August and could give Glencore control of about 40 percent of world supplies, according to current data. I’m looking forward to seeing how much they’ve stock piled over the years !! 30,000 x 75,000+ wow this stock chart won’t stop climbing for years I don’t care what anyone says This is gold !!! Cheers longs
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