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A piece from Mining News.com

It comes as cobalt rose to a new high of US$84,020 per tonne overnight.
It is up by 11.7% since the start of the year, including a rise of 3.7% so far in March.
A driving force behind the rising cobalt price is the proposed changes to the mining code in the Democratic Republic of Congo, the world’s leading cobalt producer.
The updated mining code has already passed both parliamentary chambers and is close to be signed into law by President Joseph Kabila.
It proposes upping royalties on metals from 2% to 3.5%, and cobalt up to 10% if it is deemed a strategic mineral by the government, with the kicker being a removal of a 10-year amnesty existing miners were supposed to have on new rules.
Mining heavyweights, including Glencore boss Ivan Glasenberg, Ivanhoe Mines founder Robert Friedland and Randgold CEO Mark Bristow, have had a marathon six-hour meeting Kabila in Kinshasha on Wednesday to discuss their concerns over the changes.
Randgold said the President gave assurances that the issues raised by the miners would be resolved through discussions with the government, but only after the code was signed into law.
"The president of the republic assured the mining operators that they are economic partners of the Democratic Republic of Congo and their concerns will be taken account of through a constructive dialogue with the government after the promulgation of the new mining law," Kabila said in a translated statement.
Late last month, Glasenberg said the new code would likely create underinvestment in the DRC.
“Of course, if the code comes in at the way that it’s being drafted the way we see it, and yeah, that will be a concern, that can the world produce as much cobalt that it’s going to need?” he said.
“If the belief is that electric vehicles by the year 2030 will be 30% of the vehicles produced, you’ll need a lot of cobalt for that. So what happens in the DRC is going to be very important going forward.”