Copper cathode produced by Central African Mining & Exploration Co (Camec) in the Democratic Republic of Congo (DRC) could be up for grabs once an offtake with Traxys expires at the end of this year, according to market speculation. Belgian trading house Traxys buys some or all of Camec’s output. Traders told MB that the company has a 100%-offtake agreement for the cathode, although company insiders played down the formality of the deal. The trading house does business with Camec but does not have an offtake, they told MB. Camec declined to comment on whether there was an offtake, or who has it. Talk about the cathode comes at a crucial time for Camec given Eurasian Natural Resources Corp’s (ENRC) $1-billion takeover. ENRC has said it plans to lift production of copper cathode to 75,000 tpy. The ENRC takeover has raised uncertainties about how the cathode may be marketed under the...