Tag: Cobalt

Glencore to restart operations at Mutanda copper, cobalt mine in DRC in 2022

Frank

DRC – Anglo-Swiss multinational mining company Glencore has announced plans to restart operations at Mutanda, the world’s biggest cobalt mine that also produces large amounts of copper in the Democratic Republic of Congo in 2022, a source with direct knowledge of the matter told Reuters. Glencore, one of the world’s largest copper producers and leading cobalt producer, said in February 2021 that the process to resume production at Mutanda was underway, but did not give a specific date. Copper is a vital material for the power and construction industries, and it…

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Rudra Copper Limited to invest US$41m to expand its copper and cobalt business

Frank

ZAMBIA – Rudra Copper Limited of Chingola is set to invest US$41 million in the processing of copper from the slag commonly known as the ‘Black Mountain’ into Copper and cobalt. Rudra Copper Limited intends to establish a fully integrated copper industry with little or no waste as the by product will be transformed into pavers and other construction related materials. This came to light when the Zambia Development Agency – ZDA team led by the Board Chairman Fisho Mwale went for a familiarisation tour of the company in Chingola…

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