DRC extends cobalt export ban between the sustainable market on the market


The Democratic Republic of the Congo (DCC), the world’s leading cobalt supplier, has announced a three-month extension of the export ban on the metal with the main component of electric vehicle batteries.

According to the report, the regulation of strategic mineral substances (acids) regulation and control bodies have confirmed Saturday, the sustainable market is too much Reuters.

The ban in February, in February, Cobalt prices fell to $ 10 per pound in a period of 4 months in a four-month period.

Arecoms, the high level of reserves in the market necessitated the extension of temporary suspension.

The agency will prepare another announcement about the shutdown of a new three-month period in September, the changing, expansion or canceling of the suspension.

Congolese officials currently assess the implementation of quotas for cobalt transportation between mining companies.

According to the report, the world’s second largest cobalt manufacturer glencore supports the offer for quotas.

However, this posture contradicts the CMOC group, which is the leading cobalt manufacturer who defends for the ban of the CMOC Group, Learping.

According to the relevant news, the collapse of a Coltan mining mine in Rubaya in the city of DRC, died at least 12 lives of 12 people in the city of Rubaya Reuters Reporting, referring to sources.

According to the report, the work of several people were still determined, he was able to escape the artist mining mining in the crash on Thursday.

Rubaya’s small artisan mines, covers a sixth sixth part of Coltan, an important metal ore for the production of smartphones and other electronic devices.

Since mid-2024, M23 rebels, as approved by the rebel officials, managed 15% of the production of Coltan and managed the area.

“DRC, cobalt export ban on the sustainable market” was originally created and published Mining technologyA global brand.


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