Exporters who violate a new quota system on cobalt will be permanently banned from the Democratic Republic of the Congo, President Félix Tshisekedi has warned.
Breakdown
- Exporters violating the new cobalt quota system will be permanently banned from the DRC.
- The DRC is the world's top cobalt producer, essential for electric batteries. 10s
- A new quota system based on historical exports will take effect soon. 23s
- Export caps are set at just over 18,000 tonnes for the rest of this year and 96,000 tonnes annually for 2026 and 2027. 30s
- The crackdown occurs amid ongoing violence in the DRC's mineral-rich east. 58s