DRC imposes export suspension on cobalt By Alexander Cook and Sahil Shaw February 24, 2025
The Democratic Republic of Congo (DRC) has moved to impose a suspension on exports of cobalt for four months due to the low-price environment at the start of the year, according to documents seen by Fastmarkets and sources close to the situation
“Everyone has been saying a black swan event like this is needed to jolt the cobalt market but now it’s here, everyone is surprised,” one market participant said.
Article here: https://www.fastmarkets.com/insights/drc-imposes-export-suspension-on-cobalt/
No change in market prices (yet).
mmmmgus
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