How seriously should we take Glencore’s cobalt goals?

by Caspar Rawles

In December 2017, mining giant Glencore - the world’s largest cobalt producer, - shocked the industry by releasing the first official guidance figures for the restart of the upgraded Katanga Mining operation in the Democratic Republic of the Congo (DRC).

The official production guidance figures are as below and as a percentage of global output in 2017:

  • 2018: 11,000 tonnes (10%)
  • 2019: 34,000 tonnes (31%)
  • 2020: 32,000 tonnes (29%)

These numbers are much higher than previously expected with the company stating a production target of . . .

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