DRC’s Confidence in Cobalt Export Ban May be Misplaced

Minister of Mines Martin Kabwelulu and Katanga Province Governor Moïse Katumbi (MNM Picture) At the beginning of April, the Democratic Republic of the Congo (DRC) banned exports of copper and cobalt concentrates, giving companies operating in the country just 90 days to clear out their inventories. The reason? The country wants to encourage miners to refine and process the metals within the country’s borders.