Glencore to supply cobalt feedstock to Australia's Kwinana refinery
Australia's Cobalt Blue has signed a three-year deal with commodities giant Glencore to supply up to half of the feedstock required for its Kwinana Cobalt Refinery (KCR). Under the agreement, Glencore will provide at least 3 750 of cobalt hydroxide — sourced from its Kamoto Copper Company and Mutanda Mining operations in the Democratic Republic of Congo (DRC) — to the KCR facility. The refinery, being developed by Cobalt Blue and Japan’s Iwatani Corporation in Western Australia, is slated to become the country’s first cobalt sulphate plant for lithium-ion battery markets and defence-grade metal production.
Australia's Cobalt Blue has signed a three-year deal with commodities giant Glencore to supply up to half of the feedstock required for its Kwinana Cobalt Refinery (KCR).
Under the agreement, Glencore will provide at least 3 750 of cobalt hydroxide — sourced from its Kamoto Copper Company and Mutanda Mining operations in the Democratic Republic of Congo (DRC) — to the KCR facility. The refinery, being developed by Cobalt Blue and Japan’s Iwatani Corporation in Western Australia, is slated to become the country’s first cobalt sulphate plant for lithium-ion battery markets and defence-grade metal production.
