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Glencore announces plans to double cobalt output to meet growing demand

机译:Glencore宣布计划将钴产量加倍以满足日益增长的需求

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摘要

THE GROWTH OF electric vehicles has sparked an increase in demand for cobalt, one of the key components of electric vehicle batteries. To meet that demand, Glencore Plc. announced plans to double its production of cobalt in the next two years. The Swiss commodity giant's Toronto-listed Katanga Mining Ltd. in the Democratic Republic of Congo said it will produce as much as 31 kt (34,000 st) in 2019. That compares with the 18-kt/a (20,000-stpy) guidance chief executive officer Ivan Glasenberg gave in August and could give Glencore control of about 40 percent of world supplies, according to current data.
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