Topic
cobalt
2 stories related to this topic, newest first.
citizen.co.zafinance4 hrs ago
DRC Miners Cut Cobalt Output and Shift to Copper as Prices Hit Nine-Year Low
Producers in the Democratic Republic of Congo are reducing cobalt production amid oversupply and shifting investments to copper, where demand is surging. The government has replaced a 2025 export ban with strict quotas of 96,600 tonnes annually for 2026 and 2027. Glencore reporte…
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citizen.co.zafinance10 hrs ago
DRC Sets Cobalt Export Quotas as Miners Cut Output and Pivot to Copper Production
The Democratic Republic of Congo has imposed annual cobalt export quotas of 96,600 tonnes for 2026 and 2027, replacing a 2025 ban, amid sharp price declines from oversupply. Producers are shifting capital to copper, where demand is rising and supply tightening, with Glencore repo…