DRC Cobalt Exports Delayed as Miners Await Regulatory Approval Amid New Quotas
Congo Cobalt Exports Still on Hold Weeks After Ban; Quotas to Limit DRC Supply The Democratic Republic of Congo (DRC) has yet to authorize the resumption of cobalt exports, nearly six weeks after the previous ban on shipments expired. Mining companies are waiting to move trucks loaded with cobalt, one of the world’s most critical metals, toward international markets. The DRC, which accounts for roughly 75% of global cobalt production, introduced strict export quotas on October 16 to control supply once shipments restart. However, the implementation of the new system…
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