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Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

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OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > Cobalt Prices Rebound on Glencore News

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Post by Sogosohubidu201 on Aug 24, 2019 12:10pm

Cobalt Prices Rebound on Glencore News

https://investingnews.com/daily/resource-investing/battery-metals-investing/cobalt-investing/cobalt-prices-rebound-glencore-uncertainty-continue/

Prices are continuing to rise; US$20 could very well be possible in this rally, but for higher prices to be sustained, we would need to see a more positive sentiment from the downstream market, particularly in China, but it is still early days (following the Mutanda news),” Rawles said.

Fastmarkets forecasts that prices will average US$16.50 in the fourth quarter, with spot prices possibly increasing to US$18.

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