Congo mines minister seeks to cancel artisanal cobalt monopoly
Democratic Republic of Congo Mines Minister Antoinette N’Samba Kalambayi is seeking to cancel a decree granting Entreprise Generale du Cobalt (EGC) a monopoly over artisanal cobalt produced in the country, she told Reuters on Wednesday. EGC was created to buy, process, and market artisanal cobalt by government decree in December 2019 and officially launched on March 31 last year but has yet to purchase any cobalt ore. Artisanal miners, who dig cobalt with rudimentary means, are the world’s second-largest source of the metal used in electric vehicle batteries after the Congo’s industrial…
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