JRV Cobalt, page-497

Critical material prices are recovering but the outlook is mixed
June 16, 2023

Excerpt:
”Reuters reported in late May that the DRC government has plans to hike its stake in Sicomines joint venture with Chinese firms from 32% to 70% as part of an overhaul of the central African nation’s $6 billion infrastructure-for-minerals agreement.”

”The Tshisekedi Government appears concerned that too much of the DRC’s copper and cobalt resources were given away during the Kabila era, with little benefit to the country, says Project Blue”
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”Project Blue says current cobalt prices probably constitute a floor and the market will stabilise over the coming weeks”

Kind regards,