Glencore bolsters its cobalt sales in the DRC with SK Innovation
The giant Swiss trading company has signed a long-term agreement with the Korean firm and consolidates its position in the fluctuating cobalt market.
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▪ Glencore bolsters its cobalt sales in the DRC with SK Innovation
▪ The giant Swiss trading company has signed a long-term agreement with the Korean firm and consolidates its position in the fluctuating cobalt market.
▪ https://www.africabusinessplus.com/en/801774/avec-sk-innovation-glencore-securise-un-peu-plus-encore-ses-ventes-de-cobalt-en-rdc/
SK Innovation, South Korea’s leading energy company, committed last month to purchase 30,000 tons of cobalt hydroxide between 2020 and 2025. The group expects to be able to supply nearly 3 million lithium-ion batteries from this strategic component for the production of electric vehicles.
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