Gécamines says not consulted on decision to halt KCC cobalt sales

Gécamines has requested an emergency meeting with the technical teams of the stakeholders in Katanga Mining Limited but said it had not been consulted on a decision to halt the export and sale of cobalt from its Kamoto Copper Company (KCC) unit.

Exports and sales from the Glencore-owned operation in the Democratic Republic of Congo (DRC) were suspended last week after excessive levels of uranium were found in the cobalt hydroxide being produced.

State-owned Gécamines said that while its representatives within KCC had alerted them about the discovery of the high level of uranium in some trucks, it was not involved in Katanga’s subsequent announcements. In particular, the decision to stop...


Andrea Hotter

November 13, 2018

16:45 GMT