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Congo Establishes Cobalt Reserve to Stabilize Market Prices

4/17/2026

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Story summary
  • On April 16, 2026, the Democratic Republic of Congo announced a Strategic Reserve for cobalt and other critical minerals.
  • Regulatory Authority for the Control of Markets for Strategic Mineral Substances (ARECOMS) oversees the reserve to stabilize markets.
  • It lets the government set export quotas and reinforces 2025 export rules amid falling prices.
  • Congo accounted for about 70% of global cobalt supplies last year.