Significant impact’“In the last four months of 2024, the DRC...

Significant impact’“In the last four months of 2024, the DRC exported just under 68,000 tonnes of cobalt contained in hydroxide to China,” Fastmarkets analyst Robert Searle said.“A halt in these volumes will have a significant impact on the availability of feed for China’s refiners.”“When comparing China’s refined production in 2024 with total imported cobalt intermediate levels from the DRC and Indonesia, we can see there are still large inventories in the country–but should China continue to process metal at the rate it is, these will quickly be depleted should the export ban be upheld.” QUOTE’
COB should benefit from this change, hopefully the share price will lift IMO

https://**promotion blocked**.com.au/drc-suspension-exports-expected-major-cobalt-shortfall/