The DRC government is considering transitioning to an export...

The DRC government is considering transitioning to an export quota system to better regulate supply and stabilise prices in the long term. Discussions about quotas have been ongoing, with the goal of aligning cobalt exports with global demand while countering the effects of oversupply, partly driven by increased production from major players like China’s CMOC Group. Although no final decision on quotas has been confirmed, this potential shift is seen as a response to low prices and a strategy to encourage local processing and value addition.

Time will tell...