THE Democratic Republic of Congo (DRC) has extended its ban on exports of cobalt by three months as the world's dominant producer of the battery metal...
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- iafrica.com - A La Une - 26/Feb 07:12
DRC Suspends Cobalt Exports to Stabilize Market
The Democratic Republic of Congo, the world’s number one cobalt producer, has banned all exportation of the metal for a minimum of four months. According to the country’s Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS), the move is intended to regulate the cobalt market. Currently, there is an oversupply of…
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