Im hearing (all second hand stuff, I'm not that connected) that Glencore are copping some real crap in DRC and the Chinese want them out of there and they are well in with the governing guys. lets see what happens after the elections there.
they need to find another good safer source of cobalt for their clients. I'm told they have started talking with CLA already. but what comes of it who knows?.
2-300 mill USD to ensure a different, less complicated, more ethical and less fraught Co supply just incase later later is relative peanuts for the likes of them and their bankers. them.fingers crossed.
fingers crossed
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