CTT cuts cobalt production in August, September on low prices

Compagnie de Tifnout Tiranimine (CTT) cut cobalt production at its operations in Morocco at the beginning of the August and will continue to operate at a lower rate in September as a result of low cobalt prices.

Production will be reduced by 40-50% in August and September. In addition, there will be a full 10-day closure for maintenance in September, Fastmarkets understands.

Production was initially cut at the beginning of August, at which point cobalt...


Charlotte Radford

August 16, 2019

17:19 GMT