Congo Cobalt Producers Face Risk of Losing Export Quota Due to Customs Platform Failure; Up to $1.1B at Stake

According to sources and written communications, Congo (DRC) major cobalt producers faced the risk of losing part of their upper-half export quota on July 3 due to a customs platform administrative failure. The disruption could impact global battery metal supplies, with up to 20,000 tonnes of cobalt potentially unable to be exported, affecting approximately $1.1 billion in value at current prices.
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