On 12 November 2019, the LME issued a notice concerning the listing of Cobalt Brand “AMBATOVY COBALT BRIQUETTES” under its Cobalt Contract. A copy of the LME’s notice is as follows:-
“To: All Members, warehouse companies and their London agents
Ref: 19/363
Classification: Brands
Date: 12 November 2019
Subject: LISTING OF AMBATOVY COBALT BRIQUETTES COBALT BRAND
Summary
Further to Notice 19/309, the Exchange has approved the listing of AMBATOVY COBALT BRIQUETTES brand which constitutes good delivery against the LME’s Cobalt Contract with immediate effect.
Brand details
Brand: AMBATOVY COBALT BRIQUETTES
(produced after 8 September 2013)
Producer: Dynatec Madagascar S.A. a “société anonyme”
Fokontany d’Amboakarivo
Commune d’Amboditandroho
Toamasina II
Republic of Madagascar
Refinery: As above
Annual refinery capacity: 5,600mt
Deliverable shape: Briquettes
Drum net weight: 250kgs
LMEsword code: AMBCOB
Cobalt of this brand must conform to the following chemical composition (% m/m):
Co min 99.80
C max 0.02
Cd max 0.005
Cu max 0.01
Fe max 0.02
Pb max 0.005
Mn max 0.005
Ni max 0.05
S max 0.005
Zn max 0.005
Liz Sullivan
Brands Listing Manager
cc: Board directors
Cobalt committee