CMOC Increases Cobalt Output Despite DRC Export Ban
CMOC Group significantly increased cobalt production at its operations in the Democratic Republic of Congo during the first quarter of 2025, even as local authorities enforced a temporary export ban on the battery metal. According to the company’s latest statement, cobalt output rose by 20.7% to 30,414 metric tons in the three months ending March. Copper production also climbed 15.7%, reaching approximately 171,000 metric tons. In February, the DRC — the world’s largest supplier of cobalt — imposed a four-month ban on cobalt exports, aiming to curb market oversupply and…
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