Mining

Cobalt Quotas in the DRC: Insights into the Latest Regulations

Cobalt Quotas in the DRC: Insights into the Latest Regulations
Thursday, 20 March 2025 12:13

The Democratic Republic of Congo has imposed quotas on cobalt production and stockpiles accumulated during the four-month export suspension initiated in February 2025. Prime Minister Judith Suminwa Tuluka announced this decision on March 14 during a Council of Ministers meeting.

As noted by Bankable.africa, the quotas will affect cobalt exports and local processing. The government did not specify exact volumes or enforcement methods. Officials have been instructed to implement these measures quickly and efficiently.

The DRC plans to partner with Indonesia, the world’s second-largest cobalt supplier with a 9.66% market share, to control global cobalt supply. Together, these nations produce over 85% of the world's cobalt. This collaboration could significantly impact the market.

Cobalt prices have increased by 84% since February 2025. Cobalt hydroxide now costs $10.5 per pound. Experts warn prices may drop if exports resume and flood the market. The government claims its measures will ensure "efficient supervision" of the export suspension.

The market's response to these new measures remains unclear. The Fédération des Entreprises du Congo (FEC) has expressed opposition. The FEC's Chamber of Mines sent a letter to Mining Minister Kizito Kapinga Mulume on March 7.

The FEC argues that the suspension violates the Congolese Mining Code. This code guarantees operators the right to market their products. The FEC believes the Mining Code supersedes the government's recent decision. The organization has proposed creating a public-private commission to address issues arising from the suspension.

Pierre Mukoko

 

On the same topic
TotalEnergies will operate the offshore PEL104 exploration license in Namibia with a 42.5% stake. The license sits in the Lüderitz Basin and covers...
African airlines increased air cargo volumes by 6.0% in 2025, beating global growth. December traffic rose 10.1%, the fastest increase among all...
Renewables and nuclear could generate around half of global electricity by 2030, according to the IEA. Solar power and nuclear energy drive most of...
Puma Energy has appointed Paulo Varela as managing director for Mozambique Varela previously led Galp Mozambique’s local distribution...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
03

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
04

Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...

Royal Air Maroc to lease 13 Boeing 737-8 jets from DAE as fleet expansion continues
05

Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...

Ghana’s president to visit Zambia to deepen economic and trade cooperation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.