Oct 29, 2018· The Idaho Cobalt Belt, the only known area in the with the potential for cobalt to be the primary metal mined, is a NWSE trending belt of cobalt and copper bearing mineral deposits and ...
JOHANNESBURG, Aug 24 (Reuters) Copper output in Congo, Africa's top producer of the metal, rose 15 percent yearonyear in the first half of 2017 to more than half a million tonnes, and cobalt ...
First, the nation's cobalt output is largely independent of copper production. In the neighboring DRC, cobalt output has stepped up more or less in proportion to copper production.
The Swiss company it produced 696,200 tonnes of copper in the first half of the year, against 642,900 in the previous year, and 16,700 tonnes of cobalt, the key battery material in electric vehicles, up from 12,700 tonnes in the first half of 2017. Glencore increased cobalt output by almost a third between Jan. and June, thanks to Katanga rampup.
For the three months ended March 31, Katanga produced 27 677 t of copper, up from 2 196. In the December quarter, with the first cobalt contained in hydroxide output coming on line during the first quarter, to total 525 t for the period.
Glencore said on Tuesday own sourced copper production rose eight percent to 696,200 tonnes in the first half of 2018. ... tonnes in the first half of 2018 while cobalt output was up 31 percent to ...
Glencore's copper production rose by 116,600 tonnes to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.
The DRC, which is currently in the midst of a contentious election and in the grip of an ebola outbreak, produces more than 60% of the world`s cobalt, a share that`s set to grow over the next five years. The central African country also holds half the world's reserves of cobalt, which is almost always mined as a byproduct of copper and nickel.
Cobalt production will also be affected, Katanga said on Sunday, although Glencore did not provide an overall figure for estimated cobalt output losses. Glencore produced 8,100 tonnes of cobalt from all of its African assets in the first half of 2015. The company will continue to fund the expansionary and upgrade projects at Katanga and Mopani.
G lencore subsidiary Katanga Mining has halted cobalt exports from its Kamoto Project in Democratic Republic of Congo while it builds a facility to remove uranium, it said on Tuesday. Katanga shares, listed in Toronto, fell around 20 percent by 1654 GMT, while Glencore fell nearly 3 percent in London trade.
Congo, which leads Africa in copper output and the world in cobalt production, first ordered the ban in 2013 in a bid to encourage local industry to shift production to highervalue finished metals. But about 30 percent of the metals continue to be exported in concentrate form.
Dec 01, 2018· ERG has two other copper and cobalt mining units in Congo and owns a smelter in Zambia which refines both metals. The company is projected to produce 4,000 tonnes of cobalt and 150,000 tonnes of copper in 2018. Sobotka noted that in 2019, output is set to grow to 20,000 tonnes of cobalt and 230,000 tonnes of copper.