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Katanga prepares next expansion phase at DRC copper/cobalt ops
Feb. 11, 2011 04:25PM PST
Base Metals Investing Mining Weekly.com reports that Katanga Mining (TSE:KAT) is on track to complete a capacity expansion at its copper and cobalt complex in the Democratic Republic of Congo by mid-year, and has already begun work on the next phase of growth.
Mining Weekly.com reports that Katanga Mining (TSX:KAT) is on track to complete a capacity expansion at its copper and cobalt complex in the Democratic Republic of Congo by mid-year, and has already begun work on the next phase of growth.
The market news is quoted as saying:
The phase-three expansion, approved in September 2009, will take production capacity at the company’s operations to 150 000 t/y of copper and 8 000 t/y of cobalt by the end of the second quarter.
The next step, for which the company is working on front-end engineering and early works, will be an increase to 310 000 t/y of copper and 30 000 t/y of cobalt by 2015.
