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September 3, 2014

Jinchuan Will Cut Cobalt Metal Supply to Half in September

THIS IS NOT AN OFFICIAL COMPANY NEWS RELEASE
- FOR THE INFORMATION OF SHAREHOLDERS AND INTERESTED PARTIES ONLY -



MetalBulletin.com - September 2, 2014 - London
Excerpt from the MetalBulletin Article

Jinchuan Will Cut Cobalt Metal Supply to Half in September

China’s Jinchuan Group will cut its cobalt metal supply to the market by half in September to conduct maintenance works, with the move expected to boost the minor metal’s prices.

“We can only supply 200 tonnes of cobalt metal in total this month, excluding exports, and only about 120-140 tonnes can be supplied to the domestic market,” a company official said…”We won’t be able to satisfy all the buyers,” he said, adding, “It is even likely for us to lift prices for the month.”

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September 2nd, 2014, SPOTLIGHT ON EBOLA: African Border Controls on Copper and Cobalt
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