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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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Katanga Mining Ltd Ord > Glencore's Mutanda mine in Congo shuts down a month early

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Post by Sogosohubidu201 on Nov 27, 2019 11:15am

Glencore's Mutanda mine in Congo shuts down a month early

https://mobile.reuters.com/article/amp/af/idAFKBN1Y01MF-OZABS

(Reuters) - Glencore's Mutanda mine in Democratic Republic of Congo has suspended operations prematurely due to difficulties procuring sulphuric acid, a key input for copper and cobalt extraction, its Mutanda Mining subsidiary told employees in a letter on Monday.

The suspension, effective from Monday, comes more than a month before the world's biggest cobalt mine was set to go into care and maintenance. Glencore had announced in August it would suspend the mine from year-end, for two years.

"Mutanda Mining is forced to halt extraction and treatment of copper and cobalt earlier than planned due to difficulties in procuring acid," the letter from management, dated Nov. 25 and seen by Reuters on Tuesday, said.

A Glencore spokesman confirmed the letter's contents.

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Comment by topdop on Nov 27, 2019 12:06pm

...and that is why KAT's new H2 SO4 plant is so important. Nevermind the $ credits to your C1, you will also be securing quantity, quality and continuity of supply.

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Katanga Mining Ltd Ord