How seriously should we take Glencore’s cobalt goals?

Cobalt, DRC, Supply Chain,

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 . . .

Login to continue reading!

This article is restricted to Benchmark Membership subscribers.

Login

Not subscribed yet?

To subscribe or to find out more about Benchmark Membership click here or fill in the form below and a member of our team will be in touch with you as soon as possible.