Post content
🇨🇩 Cobalt Without Borders (Though With Quotas) 🌏 The DRC nevertheless lifts the ban on cobalt exports. Instead, from October 16, quotas will come into force. ❓ If you want to better understand the importance of this decision, please refer to our article on cobalt in the DRC. 📈The ban on cobalt exports was imposed in the DRC last February. The government thus hoped to increase world prices and encourage miners to invest in the internal processing of raw materials (only intermediate products, not pure cobalt, were banned for export). — For several months, the world's cobalt stocks were sufficient to cover the absent DRC, though their exhaustion was expected at the end of September. Now, even with the lifted restrictions could there still can emerge shortages since the first batch of cobalt will arrive again at the factories in China no earlier than 3 months after shipment - that is, in January 2026. Devils Below