DRC Suspends Cobalt Exports for 4 Months, Citing Oversupply

DRC Suspends Cobalt Exports for Four Months, Citing Oversupply
The Democratic Republic of Congo (DRC), the largest producer of cobalt globally, has halted all exports of the key battery metal for four months in an effort to curb oversupply and stop prices from falling further.
DRC halts cobalt exports
Cobalt exports have been suspended from the Democratic Republic of the Congo (DRC), for four months from February 22, in response to low prices. The export ban covers all cobalt, including both industrial production and artisanal,
Congo-Kinshasa: DRC to Suspend Cobalt Exports for 4 Months
The Democratic Republic of the Congo (DRC) has announced a four-month suspension of cobalt exports to regulate supply amid concerns of overproduction in the global market, authorities said Monday.
Congo Suspends Cobalt Exports for Four Months Amid Glut
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.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Congo bans cobalt exports for four months to curb oversupply
The Democratic Republic of Congo, the world's top producer of cobalt, said on Monday it has temporarily halted the metal's exports amid a production glut.
DR Congo halts cobalt exports in attempt to halt sliding prices
World’s top producer of metal used in electric vehicle batteries moves to counteract ‘overabundance of supply’
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