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 ...

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.

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 ...

Darton Commodities estimates that ERG's Metalkol, which processes tailings, produced approximately 19,200 metric tonnes of cobalt hydroxide last year. This is around 9% the total production of Congo.

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 ...

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 ...

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% ...

The nanoparticles exhibit some novel optical and magnetic properties, which are different from its bulk material. Cobalt oxide has been known as a semi-conductor compound of p type with a Spinel ...

But a ban on exports is only a short-term panacea, likely leading to a build-up in stocks of intermediate product cobalt hydroxide in the Congo. This is what happened in 2022-2023, when the Congo ...

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 ...

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 ...