INTERVIEW-Votorantim Metais may hedge against LME cobalt


* Brazilian miner sees benefits to LME cobalt contract * Cobalt production due to expand in 2010 By Michael Taylor LONDON, Jan 28 (Reuters) - Votorantim Metais may use the soon-to-be launched London Metal Exchange cobalt futures contracts to hedge against risk, and meet its customers' buying needs based on fixed prices, the Brazilian miner said this week. "Yes, we (also) used to do that on nickel," Francisco Martins, general nickel commercial manager at Votorantim Metais told Reuters. ...

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