Congo suspends cobalt exports for four months

The Democratic Republic of Congo, which produces about three-quarters of the world’s cobalt, halted exports to rein in a glut. The ban was later extended and replaced by export quotas.

Why it matters. A dominant producer country can move a metal’s price by decree, which is a risk for every miner that relies on that market.

Source

MINING.COM

In the course

Module 4: Metal markets