Category: Cobalt

Cobalt Prices Surge in 2025 as DRC Export Suspension and Quotas Tighten Global Supply Cobalt, a strategic mineral for which the Democratic Republic of Congo (DRC) remains the world’s leading producer, has recorded a strong price recovery on international markets since November 2025. Widely used in electronics, electric vehicles, and energy transition technologies, the metal is benefiting from policy measures introduced by the Congolese government, particularly the suspension of exports after prices fell to nearly USD 21,000 per metric ton earlier in the year. Market data compiled by Deskeco shows… Read More Here

Cobalt Prices Surge on Global Markets, Strengthening the DRC’s Economic Outlook Cobalt prices are maintaining an upward trajectory on international markets, confirming a trend that has been underway for several weeks. According to data from the National Market Commission of the Ministry of Foreign Trade, the price of this strategic metal stood at USD 50,958 per tonne during the week of December 15–19, 2025, up from USD 48,472 per tonne the previous week. This increase represents a weekly gain of USD 2,486, reflecting renewed interest in a raw material that… Read More Here

DRC Cobalt Hydroxide Shipments Stalled as New Export Quota System Drives Global Price Surge The Democratic Republic of Congo (DRC), the world’s largest producer of cobalt—a critical metal for electric vehicle batteries and advanced technologies—is undergoing a major reorganization of its export system. Despite the official lifting of the export suspension in October 2025, no shipments of cobalt hydroxide have yet left the country, according to Tom Matthews, PhD, senior battery materials analyst at CRU, an international commodity analysis firm. In its fourth-quarter market outlook, CRU highlighted several key developments.… Read More Here

Congo Resumes Cobalt Exports With Glencore’s First Shipment, Easing Global Supply Pressures Glencore has become the first mining company to export cobalt under the Democratic Republic of Congo’s (DRC) newly introduced quota system, sending an initial pilot shipment to test compliance procedures, according to government and industry sources. Authorities cleared the shipment this week, pending payment of a 10 percent royalty. The approval marks the first resumption of exports after a months-long suspension that tightened global supply and contributed to sharply higher cobalt prices. The DRC produces more than 70… Read More Here

DRC Cobalt Prices Increase to USD 48,472/ton as Government Tightens Export Rules and Boosts Market Influence Cobalt, one of the Democratic Republic of Congo’s most important mineral exports, is showing renewed momentum on international markets. According to projections from the National Market Commission of the Ministry of Foreign Trade, the metal is expected to trade at USD 48,472 per ton during the week of December 8–13, 2025, up from USD 47,886 the previous week—an increase of USD 586. This upward trend is driven by strong global demand, particularly from the… Read More Here

DRC Says Cobalt Export Ban Prevented Market Crash as Prices Surge from $21,000 to $50,000 per Ton The Democratic Republic of Congo (DRC) has reaffirmed the rationale behind the temporary suspension of cobalt exports, a measure implemented by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS). Despite criticism from some stakeholders, the government maintains that the decision was necessary to protect the country’s strategic mineral and prevent a collapse in global prices. As the world’s leading holder of cobalt reserves, the DRC argued it had both the… Read More Here