DR Congo may impose curbs on cobalt exports when existing ban ends

The Democratic Republic of Congo said it may impose strict curbs on cobalt exports when its existing four-month ban ends.

The country accounts for nearly three-quarters of global cobalt mine production, but since February, it has enacted a four-month export suspension of the metal.

Kinshasa said this was to address a global oversupply which had caused a significant drop in prices.

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