The data provider said it confirmed with three companies operating copper and cobalt mines in DRC that they all received the notice, signed by Bernard Bosele Pilipilithe provincial director of Customs and Excise in the Katanga province of DRC.SIGN UP FOR THE COPPER DIGESTSign UpAt present, the trucks carrying copper and cobalt concentrate could still pass through the border, and the effective date of the order is not mentioned,.sources said. The order comes on the same week Ivanhoe Mines (TSX: IVN) announced the beginning of production of copper concentrate at its Kamoa-Kakula project in the DRC, months ahead of schedule as the metal continues to trade close to all-time highs.Kakula, the first mine planned at the concession, is initially forecast to generate 3.8 million tonnes of ore a year at an average feed grade “well in excess of 6% copper” over the first five years of operation, the company said. QUOTE.
Big change in cobalt supply happening IMO
https://www.mining.com/drc-bans-export-of-cobalt-copper-concentrate-fastmarkets/
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- DRC bans export of cobalt.
DRC bans export of cobalt.
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