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Congo's Cobalt Export Halt Sparks Prices to Soar

12/3/2025

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Summary

Story summary

The Democratic Republic of the Congo, the leading cobalt supplier, has maintained an export halt since February 2025.
A quota system was introduced in October.
Producers await approval from the minerals authority ARECOMS, which regulates mineral exports.
Cobalt prices have surged from $10 to $26 per pound due to supply shortages.

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Story summary

The Democratic Republic of the Congo, the leading cobalt supplier, has maintained an export halt since February 2025.
A quota system was introduced in October.
Producers await approval from the minerals authority ARECOMS, which regulates mineral exports.
Cobalt prices have surged from $10 to $26 per pound due to supply shortages.