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Umicore and Glencore to partner for cobalt supply in battery materials
On May 29, Umicore and Glencore announced that they have entered into a long-term revolving agreement for the supply of cobalt hydroxide (cobalt) to Umicore’s battery materials value chain. The cobalt will be sourced from Glencore’s state-of-the art industrial mining operations, KCC and Mutanda, located in the DRC.
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