Apr 30, 2020· Output of copper from Tenke Fungurume, one of the world's largest copper-cobalt deposits, which was placed in isolation last month due to coronavirus containment measures, was up 5.4% at 42,694 ...
Apr 30, 2020· Output of copper from Tenke Fungurume, one of the world's largest copper-cobalt deposits, which was placed in isolation last month due to coronavirus containment measures, was up 5.4% at 42,694 tonnes in the first quarter. "A strategy of high copper, low cobalt was adopted for the first half of the year" for pricing reasons but cobalt sales ...
Jul 31, 2018· Glencore's cobalt output up by almost a third thanks to Congo mines ... The Swiss company it produced 696,200 tonnes of copper in the first half …
Apr 30, 2020· * About half its DRC copper, cobalt output going via Dar es Salaam * Q1 cobalt sales jump 49.2% even as output down almost one-third . ... was up 5.4% at 42,694 tonnes in the first …
Hit by oversupply, cobalt prices have shrunk from above US$60,000 per tonne in late 2018 to around US$25,000. Copper prices are also subdued, as trade tensions between the United States and China ...
Once operational, the Mutoshi processing plant will have a capacity of 20 000 t/y of copper and 16 000 t/y of cobalt, equivalent to about 16% of the DRC's total cobalt output.
Kamoto Copper Company is 75 percent owned by Glencore's Katanga Mining ... Its output made up a fifth of global cobalt supply at that time. ... "The first half (of 2020) will probably be ...
Jul 31, 2020· Copper output fell 11% to 588,100 tonnes for the six months to June 30 while cobalt output was down 33% to 14,300 tonnes, owing to the closure of the Mutanda mine in Democratic Republic of Congo.
Aug 07, 2019· Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, while a fall in cobalt prices prompted it to halt output for two years at ...
Copper and Cobalt output up in the first quarter. By editor. April 21, 2010. 37 views. 28. Share. Facebook. Twitter. WhatsApp. Print. Headlines Copper and Cobalt output up in the first quarter.
Jul 31, 2020· Copper output fell 11% to 588,100 tonnes for the six months to June 30 while cobalt output was down 33% to 14,300 tonnes, owing to the closure of the Mutanda mine in Democratic Republic of Congo.
However, the miner said demand for copper and cobalt showed positive signs of recovery. Here is what Glencore had to say about the outlook for copper, cobalt and zinc. Copper: Glencore said it mined 588,100 metric tons of copper in the first half of the year, 11% less than during the same period of 2019.
May 20, 2020· Congo produced about 1.4 million tonnes of copper and almost 90,000 tonnes of cobalt in 2019, the central bank said. For a graphic on Global copper output 2019: here (1).png
Looking over to prices in 2020, Fastmarkets forecasts an average cobalt price of US$17.40, with the metal remaining flat around current levels in the first half and then picking up in H2.
Hit by oversupply, cobalt prices have shrunk from above US$60,000 per tonne in late 2018 to around US$25,000. Copper prices are also subdued, as trade tensions between the United States and China ...
A summary of Glencore's production results for the half year ended June 30, as stated in the company's latest half year report released on Friday July 31. In brief Glencore attributable ferro-chrome production fell by 42% year on year in the first half of the year due to production disruptions in South Africa following the national Covid-19 ...
Zambia copper, cobalt output up in first half. By editor. August 3, 2010. 37 views. 11. Share. Facebook. ... The first-half copper output of 393,089 tonnes put the country on course to hit its ...
copper cobalt zimbabwe. ... Glencore plans to shut giant cobalt and copper .Mutanda produced 27,300 tons of cobalt last year, more than half Glencore's total output, and 199,000 tons of copper. The decision to shutter the mine highlights how quickly cobalt has shifted from a prized asset to a headache. After quadrupling in two years, prices ...
Output of copper from Tenke Fungurume, one of the world's largest copper-cobalt deposits, which was placed in isolation last month due to coronavirus containment measures, was up 5.4% at 42,694 tonnes in the first quarter. "A strategy of high copper, low cobalt was adopted for the first half of the year" for pricing reasons but cobalt ...
Jul 31, 2018· Copper output rose 8% during the first half and nickel production increased 21%. "African copper saw a faster ramp up at Katanga than we had modeled and stronger performance at both Mutanda and Mopani, also translating into the higher cobalt production," RBC Capital Markets analyst Tyler Broda said in a note.
Zambia produced 420,000 mt of copper in H1, up about 6% from a year earlier. In the first half of 2020, Peru's production of copper, gold, zinc, silver, lead, iron and tin all decreased compared with the same period last year. Copper output fell 20.4%, gold output plunged 34.7% and zinc output shrank 23.7%.
Copper and Cobalt output up in the first quarter. By editor. April 21, 2010. 37 views. 28. Share. Facebook. Twitter. WhatsApp. Print. Headlines Copper and Cobalt output up in the first quarter.