WORLDTHE RIO TIMES
DRC Tightens Grip on Cobalt and Copper Exports Amid Great-Power Rivalry
The Democratic Republic of the Congo (DRC) has set annual cobalt export quotas at 96,600 metric tons for 2026 and 2027, which is less than half of the 2024 output. Chinese state-owned enterprises control about 80% of the DRC’s cobalt output and up to 90% of global refining capacity. Exporters are required to make royalty pre-payments.
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