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(Bloomberg) -- The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt production in ...
“Since copper and cobalt are marketed separately, exports of copper can continue.” CMOC is also Congo’s top copper producer. The largest cobalt miner after CMOC and Glencore is Kazakhstan ...
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The world’s largest cobalt producer continues to maintain its spot at the top of the rankings, producing over 70 percent of the global cobalt supply and influencing the whole EV battery industry.
Meanwhile, as Europe rolls out regulations governing battery recycling and other related fields, and countries worldwide enhance policy incentives, the global cobalt supply structure may shift in the ...