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Tag: katanga mining

From-LME-Copper-to-Copper-ETFs-copy Updated December 2015

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Cobalt Supply a Discussion Topic at LME Week

Metal Bulletin reported that non-Chinese sources said at LME Week that Glencore plc’s (LSE:GLEN) decision to halt copper and cobalt production at Katanga Mining Ltd. (TSX:KAT) could mean some cobalt chemical producers shift to using more intermediate feed in the metal’s place.

Glencore Suspends Cobalt Output From Katanga

As part of Glencore’s (LSE:GLEN) recently announced measures to cut costs amidst the current commodity price rout, Metalbulletin (subscription required) noted that the company has suspended cobalt production as a consequence of putting production on hold at its copper mine in the Democratic Republic of Congo.

Los Andes Copper Ltd. (TSXV:LA) is the largest undeveloped copper project in South America not controlled by majors with excellent local and regional infrastructure: water, power, smelters and ports. Connect with Los Andes Copper to get updates on their development.
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