SMM

The Committee of the Regulatory and Control Management Authority for the Strategic Mineral Market of the Democratic Republic of Congo (ARECOMS) recently issued urgent regulatory measures for the cobalt industry. To accelerate the rectification of the cobalt market and accordingly adjust the production and export methods of cobalt, the committee implemented significant regulatory measures on February 22: suspending the export of cobalt produced from all mining activities within the DRC for a period of four months. The measure will be evaluated after three months, and if necessary, the temporary suspension may be adjusted or terminated.