The Democratic Republic of Congo's four-month suspension of cobalt exports has led to an 84% surge in cobalt hydroxide prices. The export ban has caused uncertainty in the global cobalt market ...

Prices for cobalt hydroxide — the main product exported from the Democratic Republic of Congo — have jumped 84% since the country imposed a four-month suspension on shipments in February to ...

After hours: March 18 at 4:05:02 PM EDT Loading Chart for PPT ...

Cobalt hydroxide, the main form of the metal produced in Congo, has slid below $6 a pound. “The DRC has played its trump card,” BMO Capital Markets analyst George Heppel said in an emailed note.

Why does this matter? Well, last year the DRC produced around 220,000t of cobalt, primarily in the form of cobalt hydroxide, which amounts to a whopping 76% of global supply. LME cobalt has run 56% ...

Prices for cobalt hydroxide — the main product exported from the Democratic Republic of Congo — have jumped 84% since the country imposed a four-month suspension on shipments in February to rein in a ...

A ban on exports, however, is only a temporary panacea. It will likely lead to an accumulation of stocks of cobalt hydroxide intermediate products in the Congo. In 2022-2023 the Congo government ...

Departement of Industrial Chemistry, Addis Ababa Sciences and Technology University, P.O. Box, Addis Ababa 16417, Ethiopia Sustainable Energy Center of Excellence, Addis Ababa Sciences and Technology ...

ERG is the third-largest cobalt producer in the DRC, and last year its Metalkol project produced 19,200 tonnes of cobalt hydroxide, accounting for about 9% of the country’s total output and 7% of ...

Cobalt hydroxide, the main form of the metal produced in Congo, has slid below $6 a pound. The ban could be a blessing for Indonesia, the second-biggest cobalt producer that’s seeing a growing ...

Cobalt hydroxide, the most important form of the metal produced in Congo, has fallen below six dollars per pound. In addition to CMOC, the Swiss commodities group Glencore and the Eurasian Resources ...