DRC: Congo Moves to Monopolise about 25 Percent of All Cobalt Exports

Jan 30, 2020 | William Clowes and Michael J. Kavanagh, Bloomberg
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The Democratic Republic of Congo created a state monopoly for hand-mined cobalt as the government tries to exert more market control on the battery material. People who extract cobalt from hand-dug pits with rudimentary tools, known as artisanal miners, will have to sell to a new company controlled by state-owned Gecamines, according to a previously unreported government decree dated Nov. 5.