Cobalt Holdings plans London IPO raising $230MM, Glencore to take 10% Secured 6-yr supply contract with $GLEN.L for $1BN worth of cobalt, inc. initial $200MM (6,000 tonnes) @ discount to current spot price—representing ~1/3 of world’s 2025 excess supply. https://bit.ly/4jNAqLf

Cobalt Holdings plans London IPO raising $230MM, Glencore to take 10% Secured 6-yr supply contract with $GLEN.L for $1BN worth of cobalt, inc. initial $200MM (6,000 tonnes) @ discount to current spot price—representing ~1/3 of world’s 2025 excess supply. https://bit.ly/4jNAqLf

— MasterMetals (@MasterMetals) May 12, 2025

From MasterMetals
May 12, 2025 at 01:30PM
https://twitter.com/MasterMetals/status/1921890674829410802