After a frantic week of presentations, discussion and friendly negotiation in the last week of May 2006, agreements have been reached on the long term supply of cobalt from Africa to China. Mr. Stefan, CEO of Caledonia Mining Corporation£¬ a mining company that is listed on the Toronto, Nasdaq and London AIM stock exchanges, was much impressed with the growth and the huge opportunity that exist in China.
China is able to provide turn-key mining solutions and systems integration including mining equipment for the mining and down-stream processing of cobalt products.