Congo Miners Call for Urgent Talks to Resolve Cobalt Export Backlog Impacting Global Supply Chains
The Democratic Republic of Congo (DRC), a major global supplier of cobalt, has implemented a new export quota regime following a months-long ban. This regime, effective since October 16, allocates 18,125 metric tons for the fourth quarter and caps annual exports at 96,600 tons starting in 2026. Major cobalt producers, including China's CMOC and Glencore, have received the largest shares, while the regulator ARECOMS retains a 10% strategic reserve. However, the new rules have led to confusion among exporters due to unclear procedures and payment requirements, resulting in stalled shipments. The DRC government has imposed conditions such as a 10% royalty prepayment and the need for a compliance certificate before shipments can proceed. The mining lobby in Congo has requested urgent discussions with the government to address these issues, as the delays threaten to disrupt global battery supply chains, particularly affecting Chinese refiners and electric vehicle manufacturers.