https://www.ft.com/content/b9f2eb88-e285-11e8-a6e5-792428919cee...

https://www.ft.com/content/b9f2eb88-e285-11e8-a6e5-792428919cee

Financial Times Sign In fastFT Cobalt Add to myFT Cobalt shares rally after Glencore shocks market with sudden sales halt Demand for key metal for electric car batteries is expected to double by 2025 Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Share on Whatsapp (opens new window) Save Save to myFT Henry Sanderson NOVEMBER 7, 2018 Shares in cobalt producers rallied on Wednesday following news that Glencore, the world’s largest producer, had halted sales at its mine in the Democratic Republic of Congo. Hong Kong-listed shares of China Molybdenum, which is the largest producer in the DRC after Glencore, rose by 11 per cent to end the day at HKD 3.46, their highest level in 11 weeks. Glencore shocked the global cobalt market on Tuesday after it said that the discovery of uranium at its subsidiary Katanga Mining in the DRC meant it could no longer export cobalt from the country, the world’s largest producer of the metal."

Anyone have any thoughts on this?