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 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 ...
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. Chemaf and Norin have decided to let the ...
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.
China’s cobalt future prices surged 9% amid strategic buying and a possible DRC export ban extension. Credit: RHJPhtotos/Shutterstock. The Democratic Republic of Congo (DRC), the world’s largest ...
Cobalt is a byproduct of nickel and copper mining. In recent years ... s supply of cobalt originates in the Democratic Republic of Congo (DRC). Other major cobalt producers include Russia ...
That situation was made worse in 2021 with the resurgence of conflict in the eastern gold and coltan mining regions in North and South Kivu provinces. Cobalt is mainly extracted from mines in the ...
March 19 (Reuters) - The Democratic Republic of Congo intends to impose export quotas on cobalt following a four-month export ban, and plans to partner with Indonesia, another key producer ...
LONDON, March 7 (Reuters) - The Democratic Republic of Congo's four-month suspension of cobalt exports is a sign that even the world's largest producer is now feeling the pain of historically low ...
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 ...