Glencore to Supply Samsung SDI with Cobalt
February 10 2020 - 3:58AM
Dow Jones News
By Adriano Marchese
Glencore PLC (GLEN.LN) said Monday that it has signed a
five-year agreement with Samsung SDI Co. (006400.SE) for the supply
of cobalt hydroxide.
Under the terms of the agreement, the Anglo-Swiss commodity
trading and mining company said it will provide up to 21,000 metric
tons of cobalt between 2020 and 2024 sourced from Glencore's
industrial mining operations in Congo.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
February 10, 2020 03:43 ET (08:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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