#Glencore to feed #Australia’s first #Cobalt refinery
Glencore will provide cobalt hydroxide feedstock to Cobalt Blue’s Kwinana refinery in Western Australia, which is set to become the country’s first cobalt refinery.
Under the terms of the contract, Glencore will supply Cobalt Blue with up to 50 per cent of Kwinana’s feedstock requirements for a three-year period, taking effect from when the refinery commences commercial operations.
The contract guarantees supply for 3750 tonnes (t) of cobalt hydroxide minimum, with 750t to be delivered in the first year and 1500t in both the second and third year.
The feedstock will be sourced from Kamoto Copper Company, of which Glencore owns 75 per cent, and Mutanda Mining SARL, both located in the Democratic Republic of Congo.
Read more at: https://www.australianmining.com.au/glencore-to-feed-australias-first-cobalt-refinery/
A Blog for Browsing Mining, Mineral Processing, and Metals Info 