Motion for Glencore Katanga Mine to reach Land Agreement KCC Cobalt Mine production capacity will be effectively increased

SMM: it is reported that Katanga Mining, a Glencore subsidiary operating in (DRC), Democratic Republic of the Congo, has reached an agreement to acquire land to provide land for the construction of Kamoto Copper Company (KCC) 's new long-term tailings treatment facility. KCC has a 75 per cent interest in the area. The use of land here can enhance KCC's ability to operate its mines and other infrastructure more effectively.

Katanga said that if the agreement is implemented, the KCC operational risk caused by the previously mentioned land restrictions will be mitigated.

In a separate statement in December, the company announced that after completing temporary repairs, the first cobalt dryer had now resumed production and its production capacity had been reduced to about 60 per cent of the rated capacity.

The second dryer is still undergoing design changes and is scheduled to be debugged in the first quarter of 2020 and is expected to reach production in the second quarter of 2020.

Once the second dryer is up and running, the first dryer will be offline again for design upgrades. KCC expects it to resume production and operate at full capacity in the second quarter of 2020.

Therefore, full drying capacity should be achieved from the third quarter of 2020, and once that level is reached, KCC will be able to export all its cobalt production, including the gradual reduction of accumulated cobalt stocks.

Katanga says the goal of KCC's "cobalt project" is to upgrade existing cobalt plant designs to reduce bottlenecks by modifying precipitation, thickening, filtration, drying and bagging processes. This will align the design of the cobalt plant with the average capacity plan of 30,000 tons per year.

The implementation of the KCC cobalt project is expected to continue throughout 2020 and the additional thickening capacity is expected to be launched in the second quarter of 2020.

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