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:-))))))))

Troajan/ shaperite. I bet you miss it

Will you lot stop swearing! WORK and JOB ..its obscene :-))

Buy Glencore too :-)))) and ivans pockets too..fooking predictive text :-(

Troajan ..eviking..yeah copper is definitely the new gold for a good few years too by the looks of it buy glencire sit back watch the money glow...straight into ivsns pockets the rat basstard!

Jesus that looked like the Chernobyl

Hard life that troajan my hats off to you

I like this bit....More than 60 per cent of the world’s cobalt supply comes from the Democratic Republic of Congo, where production is dominated by Chinese companies and London-listed Glencore.

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https://www.ft.com/content/c337958a-3f1b-41c5-b229-11556baa4164

Cobalt price jump underscores reliance on metal for electric vehicle batteries
Supply chain for rare commodity is constrained and linked with human rights abuses

Electric carmakers want to reduce their dependence on cobalt as prices rally © FT montage; Getty Images
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Henry Sanderson 13 HOURS AGO
6
The price of cobalt has jumped 40 per cent so far this year on persistent demand from electric vehicle makers, underlining the challenge in reducing reliance on the rare metal to make batteries for longer-range cars.

Electric carmakers including Tesla and Volkswagen have pledged over the coming years to reduce their use of cobalt, which is largely dependent on mining in the Democratic Republic of Congo, deterred by human rights abuses in the supply chain and by the high price.

Prices for the world’s most expensive battery metal hit their highest level since January 2019 in March — at $25 a pound — and currently hover around $21, according to data company Fastmarkets. Analysts at RBC say they expect cobalt prices to reach $28.50 a pound this year, and rise to $40 in 2024 as alternatives are expected to remain scarce.

After a 40 per cent rise in 2020, electric car sales more than doubled in the first quarter of 2021 compared with the same period a year earlier, according to the International Energy Agency. “The supply side is not reacting right now,” said Michael Widmer, an analyst at Bank of America. “So I forecast really big deficits potentially, which begs the question, where will the cobalt come from?”

“The growth in EV volumes is drowning any effect of substitution. Range anxiety still hasn’t gone away,” he added.

More than 60 per cent of the world’s cobalt supply comes from the Democratic Republic of Congo, where production is dominated by Chinese companies and London-listed Glencore.

:-))

Shaperite. Off glrncores website..Iron ore
We physically market iron ore from third-party producers to customers worldwide – with Asia making up most of our customer base....so they do trade it with out the hassle of owning the mine in a dodgy country ..good!! :-)))

I was also making the point profits are going through the roof so put the dividend back to its original value its only 20 cents... a better dividend shows that management have confidence in the company going forward..after all wasn't it ivan glazenburg who said with glencores diversification it could make money in any situation even a down turn hmmn really I beg to differ

Off the top of my head I know they trade it as for exposure I'm not sure they mine zinc aluminium copper and so on ..you can look it up on tbeir report to see what exposure they have but I think trading is profitable fir them

Shaperight. Dont get your point? What as iron ore got to do with glencores dividend I was making a point t profits are going to be st the high end of their estimates so my point was....they should put the dividend back to what it was ..that was my point their trading arm must be well above expectations next results

Eviking..livingthedream..yep agree

https://reneweconomy.com.au/glencores-transition-plan-translates-into-nine-new-coal-mines-and-expansions/

They can keep the special just pay the original dividend use the rest for debt management they are now making enough survey

What do you mean why! If there earning it and making a profit then pay us pur full dividend the share owners own the company...seems certain people forget this

High end of of expectations..hmm shoikd get full dividend then to reflect it then or a special later on in the year if all goes to plan

Re gypsies shoukd Read BUY and NICE