DRC Introduces Annual Cobalt Export Quotas to Regulate Supply and Boost Prices
Congo to Launch Cobalt Export Quota System on October 16 to Stabilize Global Supply and Prices The Democratic Republic of Congo (DRC) will begin allocating annual cobalt export quotas to producers starting October 16, in a major policy shift aimed at tightening market control and curbing oversupply from the world’s leading cobalt producer. Under the new system, export quotas will be calculated based on production and shipment data from the previous three years. The move replaces a months-long export suspension that disrupted global supply chains and affected electric vehicle manufacturers,…
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