Cobalt - Copperbelt Katanga Mining

American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

July 8, 2026July 8, 2026 Constance

American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here

Mining in DRC Cobalt Copper

DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

July 8, 2026July 8, 2026 Constance

DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here

International Cobalt Copper Corporate News New Mining Projects

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

June 30, 2026June 30, 2026 Constance

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here

Mining in DRC Battery Metals Cobalt

DRC to Reallocate Unused Cobalt Export Quotas to Strategic National Projects

June 30, 2026June 30, 2026 Constance

DRC Tightens Cobalt Export Controls, Reclaims Unused Quotas to Boost Local Value Addition The Democratic Republic of Congo (DRC) has announced stricter measures to regulate cobalt exports by reclaiming unused export quotas and reallocating them to strategic national initiatives aimed at increasing local value addition and strengthening state oversight of the country’s critical minerals sector. According to a directive issued by the Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS), all cobalt export quotas allocated for the first half of 2026 that remain unused by June… Read More Here

Mining in DRC Cobalt Copper Corporate News Mergers & Acquisitions

U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

June 23, 2026June 23, 2026 Constance

Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here

Mining in DRC Cobalt Copper Corporate News

Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit

May 27, 2026May 27, 2026 Constance

Jinchuan Investigates Alleged $145 Million Irregular Payments at DRC’s Copper-Cobalt Mine Jinchuan Group International Resources Co says an independent investigation has identified approximately $145 million in suspected irregular payments linked to its copper and cobalt operations in the Democratic Republic of Congo. The investigation focused on Ruashi Mine, where the company said former local employees may have exploited weak procurement and payment controls between 2019 and 2024 through questionable supplier transactions, cash payments, and disputed invoices. In a filing released late Friday, Jinchuan said investigators reviewed financial transactions during a… Read More Here

Copper Battery Metals Cobalt Nickel

Copper and Tin Rally While Cobalt and Nickel Decline in Latest Global Mining Price Update

May 20, 2026May 20, 2026 Constance

Global Mining Prices: Copper and Tin Rise as Cobalt, Nickel and Germanium Fall (May 18–23, 2026) International mining commodity price lists for the period of May 18 to May 23, 2026, show mixed movements across key metals, with strong gains in copper and tin, moderate increases in gold and aluminum, and declines in cobalt, nickel, and germanium. Metals posting gains Copper recorded one of the strongest increases, rising from $13,024.25 to $13,681.93 per ton, reflecting sustained demand in industrial and energy transition sectors. Tin also posted a significant gain, climbing… Read More Here

Mining in DRC Battery Metals Cobalt Economy

MMG Calls for Clarity on DRC’s Cobalt Export Quotas After Receiving Low Allocation

May 17, 2026May 17, 2026 Constance

MMG Seeks Policy Transparency as Congo Tightens Control Over Cobalt Exports China’s MMG Limited is seeking greater clarity on the Democratic Republic of Congo’s cobalt export policy after receiving what it described as a disappointing production quota, raising broader concerns about how the country’s new restrictions are being implemented. The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt a critical mineral used in electric vehicle batteries first suspended cobalt exports in February 2025 to reduce global oversupply and increase the value derived from its mineral resources. In… Read More Here

Mining in DRC Cobalt Copper

Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures

May 15, 2026May 15, 2026 Constance

ERG accuses organized illegal mining networks of costing up to $2bn annually in DRC copper and cobalt concessions Pressure is escalating across mining concessions in southeastern Democratic Republic of Congo (DRC), where Eurasian Resources Group (ERG) alleges that large-scale illegal mining networks are operating across several of its copper and cobalt sites in Lualaba and Haut-Katanga provinces. According to an internal report cited by industry sources, ERG’s subsidiaries including Comide, Swanmines, and Boss Mining estimate annual losses approaching $2 billion due to repeated incursions by artisanal and semi-organised miners into… Read More Here

Mining in DRC Battery Metals Cobalt Corporate News

EGC, EVelution Energy and Trafigura Sign MoU to Secure Congolese Cobalt Supply Chain to the US

May 15, 2026May 15, 2026 Constance

Trafigura, EGC and EVelution Energy agree cobalt supply deal to boost US battery and defense material supply chain Entreprise Générale du Cobalt (EGC), EVelution Energy, and commodity trader Trafigura have signed a memorandum of understanding (MoU) to establish a long-term supply framework for Congolese cobalt hydroxide exports to the United States. Under the proposed arrangement, and subject to definitive agreements, the partnership is expected to support EVelution Energy in supplying up to around 40% of projected US cobalt demand, according to Trafigura. The cobalt hydroxide would be sourced by EGC… Read More Here