Glencore issues force majeure on cobalt supply after South Africa flooding
April 19, 2022 Comments Off
The world’s largest cobalt producer Glencore is unable to fulfil contractual deliveries of cobalt hydroxide out of the Democratic Republic of Congo after severe flooding in South Africa hit warehoused goods and impacted logistics. Heavy rainfall started on April 8 and has caused widespread damage throughout the KwaZulu Natal province, including Durban, which hosts the main port for cobalt hydroxide…
Glencore issues force majeure on cobalt supply after South Africa flooding
The world’s largest cobalt producer Glencore is unable to fulfil contractual deliveries of cobalt hydroxide out of the Democratic Republic of Congo after severe flooding in South Africa hit warehoused goods and impacted logistics. Heavy rainfall started on April 8 and has caused widespread damage throughout the KwaZulu Natal province, including Durban, which hosts the main port for cobalt hydroxide…
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