Congo imposes temporary cobalt export ban to address supply glut
The Democratic Republic of Congo (DRC), the world's leading cobalt producer, has temporarily suspended cobalt exports for at least four months in response to an oversupply in the market, reported Bloomberg.
Congo bans cobalt exports for four months to curb oversupply
The Democratic Republic of Congo, the world's top producer of cobalt, said on Monday it has temporarily halted the metal's exports amid a production glut.
DR Congo stops cobalt exports in attempt to halt sliding prices
World’s top producer of metal used in electric vehicle batteries moves to counteract ‘overabundance of supply’
Congo Suspends Cobalt Exports for Four Months Amid Glut
The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
DRC Suspends Cobalt Exports to Stabilize Market
The Democratic Republic of Congo, the world’s number one cobalt producer, has banned all exportation of the metal for a minimum of four months. According to the country’s Authority for the Regulation and Control of Strategic Mineral Substances' Markets (ARECOMS),
Congo-Kinshasa: DRC to Suspend Cobalt Exports for 4 Months
The Democratic Republic of the Congo (DRC) has announced a four-month suspension of cobalt exports to regulate supply amid concerns of overproduction in the global market, authorities said Monday.
Congo suspends cobalt exports for four months amid oversupply
The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt production in Congo – which produces about three-quarters of the world’s supply of the material used in electric-vehicle batteries – has soared in recent years,
DRC Suspends Cobalt Exports for Four Months, Citing Oversupply
The Democratic Republic of Congo (DRC), the world’s largest producer of cobalt, has halted all exports of the key battery metal for four months in an effort to curb oversupply and stop prices from falling further.
Exclusive-Congo weighs cobalt export quotas to revive prices amid supply glut
The Democratic Republic of Congo is considering introducing cobalt export quotas as the world's biggest supplier of the ...
Urgent Regulatory Measures Relating To The Cobalt Sector
Considering the need to determine urgent measures relating to the cobalt sector with a view, in particular, to accelerating its reorganisation and consequently adapting cobalt production and export ...
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Congo considers export quotas for cobalt to boost prices amid glut
Three sources with knowledge of the situation said that the Democratic Republic of Congo was considering cobalt export quotas ...