DRC Reaffirms Cobalt Export Quota Policy to Boost Local Value
Democratic Republic of Congo Stands Firm on Cobalt Export Quotas to Control Prices and Promote Local Processing The Democratic Republic of Congo (DRC) will maintain its newly announced cobalt export quota system, with potential revisions only possible in the long term if deemed necessary, the country’s mining minister confirmed. Mining Minister Louis Watum Kabamba emphasized that Congo is focused on attracting investments that include more local processing of cobalt, aiming to increase the value of its exports. “We cannot let others decide for us. Whether there is a stockpile or…
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