DRC imposes export suspension on cobalt, page-3

A couple more here from Miningweekly and Reuters...

'Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries.

Shares in Nanjing Hanrui Cobalt Co. jumped as much as 17% in Shenzhen, while Zhejiang Huayou Cobalt Co. rose as much as 7.8%. Meanwhile, CMOC Group Ltd., which has been ramping up its two giant mines in Congo, slipped 2% in Hong Kong'.

https://www.miningweekly.com/articl...er-congo-unexpectedly-bans-exports-2025-02-25

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'The most active March electrolytic cobalt futures contract on China's Wuxi Stainless Steel Exchange hit its upper limit in the night trading session on Monday and posted another gain of 2.81% as of 0239 GMT on Tuesday'.

https://www.reuters.com/markets/com...counter-oversupply-bloomberg-news-2025-02-24/

mmmmgus