U.S. firms are buying cobalt metal produced in Indonesia by China's Lygend Resources that does not incur the tariffs placed ...

On February 24, 2025, the Democratic Republic of Congo (DRC), the world's largest cobalt supplier, announced a four-month ...

As of February 24, the spot price of cobalt was approximately $45,000 per mt. Subsequently, on February 25, the energy metals sector surged, with refined cobalt leading the gains. At that time, Hanrui ...

JAKARTA: US firms are buying cobalt metal produced in Indonesia by China's Lygend Resources that does not incur the tariffs ...

Due to the Democratic Republic of Congo (DRC) government’s decision to suspend cobalt exports for four months, international ...

Cobalt prices are soaring as a surprise export ban from the world’s largest producing country fuels mounting uncertainty ...

It hit $10.5 a pound on Tuesday, the highest level since July 2023, according to Fastmarkets. The price of cobalt metal has jumped more than 43%. Congo accounts for about three-quarters of the world’s ...

The Democratic Republic of Congo's suspension of cobalt exports has caused a significant price increase in the critical ...

Kinshasa, the world's biggest producer announced a surprise ban on exports of cobalt in a bid to drive prices up. Authorities ...

LME cobalt has run 56% higher in only a month to US$33,560/t as a short squeeze hits. LME prices ran some 15% higher on Wednesday alone for the battery metal. Fastmarket cobalt hydroxide prices ...

The Congolese government appears to understand that an export ban offers only temporary relief and that something more ...