The Democratic Republic of Congo (DRC) has officially resumed cobalt exports following a 10-month suspension aimed at stabilising the global market. The ban, which took effect in early 2025, was introduced to curb falling prices caused by oversupply and to protect the interests of domestic producers.
Cobalt is a critical component in lithium-ion batteries used in electric vehicles (EVs) and consumer electronics, making the DRC a key player in the global supply chain. The government stated that lifting the export ban will allow miners to regain access to international markets while ensuring that the domestic industry remains sustainable and competitive.
Analysts note that the resumption of exports could impact global cobalt prices, potentially easing supply constraints for battery manufacturers while stabilising revenues for Congolese mining companies. Industry stakeholders are closely monitoring how the DRC manages export quotas and pricing strategies to maintain market balance.
The DRC produces over 70% of the world’s cobalt, and the country’s regulatory decisions have significant implications for both the EV industry and global commodity markets.
DR Congo lifts cobalt export ban after 10 months, citing price recovery
