DR Congo Bans Copper and Cobalt Concentrate Exports, Lifting the Copper Price

DR Congo · MINING Key Facts —Cobalt quota forfeiture: ARECOMS withdrew all unused cobalt export quotas for January to June 2026 and reassigned them to a state-controlled strategic pool on 29 June 2026. —Annual quota volumes: From 2026 onward, annual cobalt export quotas are set at 96,600 metric tonnes, less than half o

EXCLUSIVE: Congo bans copper and cobalt concentrates exports, official order says  reuters.com

The decision is part of a move to increase local processing and hike revenue from the country's mineral wealth.

KINSHASA, Aug 6 - Congo has banned exports of copper concentrate and cobalt concentrate in a major escalation of its drive to force domestic processing and retain more value from its vast mineral resources, according to a new government order reviewed by Reuters on Thursday.