The Democratic Republic of Congo may extend a suspension of cobalt exports beyond a planned four-month period as it considers ways to maintain higher prices for the electric-vehicle battery ...

Cobalt prices soared on Monday as concerns over supplies mounted after Eurasian Resources Group (ERG) declared force majeure on deliveries because of a Democratic Republic of Congo ban on exports ...

THE Democratic Republic of Congo’s decision to suspend exports of under-pressure cobalt for three months in February was unlikely to yield positive results, said the Financial Times. Commenting on the ...

Entreprise Generale du Cobalt, or EGC, is now the only entity allowed to export so-called artisanal cobalt, according to new regulations signed by the prime minister and mines minister on Feb. 21.

General view on a pit of the Tenke Fungurume industrial mine, one of the world's largest copper-cobalt mines, in Lualaba province, Democratic Republic of Congo, June 17, 2023 ... Previous attempts by ...

The Democratic Republic of Congo, home to three-quarters of ... As a byproduct of copper mining, production of cobalt rose alongside growing production of the red metal. CMOC deployed the low ...

March 21 (Reuters) - Democratic Republic of Congo could extend a four-month export ban on cobalt introduced in February following a sharp drop in the metal's price, government spokesperson Patrick ...

Prices for cobalt hydroxide — the main product exported from Congo — have risen by a third following the ban, hitting $7.60 a pound on March 5., according to Fastmarkets. That’s the highest ...

Congo’s mining industry, which is also the world’s top supplier of cobalt and the second-biggest source of copper, is dominated by Chinese companies.