SSDIY Samsung SDI Company Ltd (PK)

By Adriano Marchese

Glencore PLC (GLEN.LN) said Monday that it has signed a five-year agreement with Samsung SDI Co. (006400.SE) for the supply of cobalt hydroxide.

Under the terms of the agreement, the Anglo-Swiss commodity trading and mining company said it will provide up to 21,000 metric tons of cobalt between 2020 and 2024 sourced from Glencore's industrial mining operations in Congo.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

February 10, 2020 03:43 ET (08:43 GMT)

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