Congo Suspends Cobalt Exports for Four Months
Congo suspends cobalt exports for four months amid oversupply
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. Cobalt production in Congo – which produces about three-quarters of the world’s supply of the material used in electric-vehicle batteries – has soared in recent years,
More pressure on Rwanda
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