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Category: Cobalt

Middle East Conflict Threatens DRC Copper and Cobalt Sector Amid Sulfuric Acid Shortage 1 Mining in DRC Cobalt Economy 

Middle East Conflict Threatens DRC Copper and Cobalt Sector Amid Sulfuric Acid Shortage

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China’s Sulfuric Acid Export Suspension Threatens DRC Copper Production Amid Global Supply Crunch The Democratic Republic of Congo’s (DRC) copper and cobalt sector is facing growing pressure following China’s decision to suspend sulfuric acid exports amid escalating tensions in the Middle East, a move that is tightening global supply chains and raising production costs across the mining industry. According to an analysis by Goldman Sachs cited by Jeune Afrique, the DRC could lose up to 125,000 tonnes of copper production in 2026 if logistical disruptions and supply shortages persist. Copper… Read More Here
Ivanhoe Mines Posts Q1 Loss After Kamoa-Kakula Tax Hit Despite Strong Copper Expansion Push 2 Mining in DRC Cobalt Copper Corporate News Taxes 

Ivanhoe Mines Posts Q1 Loss After Kamoa-Kakula Tax Hit Despite Strong Copper Expansion Push

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Ivanhoe Mines Reports Q1 2026 Loss Amid Kamoa-Kakula Tax Settlement and Expands Copper Growth Strategy Ivanhoe Mines, a Canadian mining company, reported a net loss of $2-million and a total comprehensive loss of $35 million for the quarter ended March 31, 2026. This marks a sharp reversal from the same period in 2025, when the company recorded a profit of $122-million and total comprehensive income of $128 million. The company attributed the decline mainly to its share of losses from the Kamoa Holding joint venture in the Democratic Republic of… Read More Here
DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets 3 Mining in DRC Cobalt Copper Economy Gold Tin 

DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets

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DRC Mineral Prices Show Upward Trend: Gold, Copper, Tin and Germanium Rise While Cobalt Holds Steady Market data for mineral products exported from the Democratic Republic of Congo (DRC) for the period April 27 to May 2, 2026 shows an overall upward trend on international markets, driven by gains in several strategic metals. Precious and industrial metals recorded notable increases. Gold rose from $153.87 to $155.28 per gram, while copper increased from $12,836.10 to $13,177.50 per ton. Aluminum ingots also posted gains, climbing from $1,690.63 to $1,718.98 per ton. Other… Read More Here
DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis 4 Mining in DRC Cobalt Copper 

DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis

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DRC copper and cobalt producers face sulfuric acid and SMBS shortages as shipping disruptions and rising logistics costs strain supply chains Copper and cobalt producers in the Democratic Republic of Congo (DRC) are facing cancelled and withdrawn deliveries of key processing chemicals, forcing some miners to reduce consumption and consider production cuts as global supply chain disruptions intensify. The DRC, the world’s largest cobalt producer and Africa’s leading copper supplier, plays a critical role in global supply chains for electric vehicles and the energy transition. However, its mining sector depends… Read More Here
Ivanhoe Mines Sees Strong Local Demand for Sulphuric Acid in DRC Amid Global Supply Tightness 5 Mining in DRC Cobalt Copper Corporate News 

Ivanhoe Mines Sees Strong Local Demand for Sulphuric Acid in DRC Amid Global Supply Tightness

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Ivanhoe Mines benefits from rising sulphuric acid prices in DRC copper belt as supply disruptions tighten global market Ivanhoe Mines says it has a “captive market” for sulphuric acid in the Democratic Republic of Congo (DRC), as global prices surge amid constrained supply linked to geopolitical disruptions in the Middle East. The Vancouver-based miner recently began commercial sales of sulphuric acid produced as a byproduct of copper smelting at its Kamoa-Kakula operation to other mining companies operating along the DRC’s copper belt. The acid is a key input in copper… Read More Here
India–Zambia Critical Minerals Talks Stall Over Mining Rights Uncertainty 6 Mining in Zambia Battery Metals Cobalt Copper 

India–Zambia Critical Minerals Talks Stall Over Mining Rights Uncertainty

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India-Zambia cobalt and copper mining talks stall as Lusaka delays mining rights assurances amid critical minerals push Talks between India and Zambia over critical minerals exploration have stalled due to a lack of assurances from Lusaka regarding future mining rights, according to two sources familiar with the discussions. Last year, Zambia allocated approximately 9,000 square kilometres to India for the exploration of cobalt and copper key minerals used in electric vehicle batteries, electronics, power generation, and construction. Cobalt is particularly important for battery technologies, while copper remains essential for industrial… Read More Here
DRC creates cobalt reserve to control exports and stabilize global prices 7 Mining in DRC Battery Metals Cobalt 

DRC creates cobalt reserve to control exports and stabilize global prices

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Democratic Republic of Congo creates strategic cobalt reserve to manage exports, stabilize prices, and tighten control over global critical minerals supply The Democratic Republic of Congo (DRC) has established a strategic reserve for cobalt and other critical minerals, according to the country’s minerals regulator, in a move designed to strengthen state control over exports and influence global supply dynamics. Under a cabinet decree adopted on April 10, oversight of the reserve has been assigned to the regulatory authority ARECOMS, which is now empowered to acquire, hold, and commercialize strategic mineral… Read More Here
Flooding Disrupts Rail Traffic on Lobito Corridor, Halting Key Mineral Export Route 8 International Cobalt Copper Transport and Logistics 

Flooding Disrupts Rail Traffic on Lobito Corridor, Halting Key Mineral Export Route

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Severe Floods in Angola Suspend Lobito Corridor Rail Operations, Threatening Copper and Cobalt Exports from Central Africa Severe flooding in western Angola has forced the suspension of rail traffic along the Lobito Corridor, disrupting a critical export route for minerals from the region’s mining sector. The line operator, Lobito Atlantic Railway, reported that “significant damage” was sustained to railway infrastructure near the Halo River between Cubal and Caimbambo, approximately 140 kilometres southeast of the coastal city of Benguela. Flooding also damaged infrastructure near the Cavaco River following heavy rainfall on… Read More Here
UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals 9 Mining in DRC Cobalt Copper Investment News 

UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals

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IRH Linked to New Copper and Cobalt Mining Projects in Lualaba as UAE Expands Critical Minerals Strategy in DRC After concluding a $367 million agreement in 2025 to acquire a 56% stake in Alphamin Resources, operator of the Bisie tin mine in North Kivu, International Resources Holding (IRH) is now being linked to copper and cobalt assets in the Lualaba province of the Democratic Republic of Congo. According to reporting by Africa Intelligence, the Emirati group is associated with structures that have recently become partners of the state-owned mining company… Read More Here
DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices 10 Mining in DRC Cobalt Copper Economy Gold 

DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices

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Congo’s copper, cobalt, and gold exports rise in 2026, boosting mining sector revenues The Democratic Republic of the Congo is witnessing an upward trend in the international prices of its key mining exports, according to the latest official projections. The National Market Commission of the Ministry of Foreign Trade reported that for the period from April 6 to 11, 2026, several strategic raw materials are expected to record weekly price increases. Copper: Primary export on the rise Copper, the country’s main export, is projected to trade at $12,143.30 per ton,… Read More Here

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