The Democratic Republic of Congo says it has temporarily halted cobalt exports to limit flow of new metal on the market which it says is over-supplied. The ban will be in place for at least four months,

World’s top producer of metal used in electric vehicle batteries moves to counteract ‘overabundance of supply’

Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries. Shares in Nanjing Hanrui Cobalt Co.

The Democratic Republic of Congo says it has suspended cobalt exports for four months to rein in oversupply of the battery metal on the international market, Bloomberg News reported on Monday. The measures came into force on February 22,

The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market.