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Jervois boosted by Glencore Mutanda decision

JERVOIS Mining’s initiation of key work at an advanced cobalt project in Idaho, USA, looks very nicely timed given it comes in the same week Glencore announced it was closing the Mutanda mine in Democratic Republic of Congo for two years.

Idaho cobalt project, USA

Idaho cobalt project, USA

Mutanda is a major source of cobalt, with its recent reported annual output of 27,000t said to equate to about 20% of global supply. The closure comes with the cobalt price having falling from levels...

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