Freezing order on Katanga has had no material effect on copper-cobalt operations, Glencore subsidiary says

摘要

A freezing order on copper-cobalt assets held by Katanga Mining in the Democratic Republic of Congo (DRC) has not so far had any material effect on the Glencore subsidiary's operations, it said last week.On April 27, Glencore said that Ventora Development Sasu - its former partner in the DRC, which is associated with Israeli businessman Dan Gertler - was suing it for $2.28 billion in unpaid royalties relating to Katanga operating subsidiary Kamoto Copper Co (KCC).