Cobalt Hub · Updates

What’s happening in ASM cobalt.

A dated, source-rated feed of developments in artisanal cobalt and DRC mineral governance. Each entry is rated for how well it is corroborated.

Showing 46 of 46 updates
2026-06
Events

DRC Mining Week 2026 opens in Lubumbashi on a “critical-minerals hub” theme

The 21st edition (17–19 June, Pullman Grand Karavia) drew 300+ exhibitors; Mines Minister Louis Watum said the DRC must move from extraction to “transformation, innovation and value creation,” and provincial authorities announced an EV-battery plant for the DRC–Zambia special economic zone.

Well corroborated
2026-06
Artisanal & formalisation

SAEMAPE presents orders creating 33 new artisanal mining zones in Lualaba

The state artisanal-mining service presented to Governor Fifi Masuka the ministerial orders establishing 33 new Zones d’Exploitation Artisanale, part of the post-suspension effort to give creuseurs legal space to work.

Moderately corroborated
2026-05
Geopolitics & deals

EGC, EVelution Energy & Trafigura sign MoU for a direct US–DRC cobalt supply chain

A tripartite MoU frames long-term supply of Congolese cobalt hydroxide to a planned US refinery; on the DRC side it commits the parties to explore building local refining capacity and to train EGC teams.

Moderately corroborated
2026-05
Policy & governance

DRC expands its strategic-minerals list and raises the royalty to 10%

The Council of Ministers adopted a draft decree adding lithium, tantalum, niobium, tungsten, uranium and rare earths to the strategic-substances list and lifting their royalty from 3.5% to the 10% rate cobalt already carries.

Moderately corroborated
2026-05
Market & production

Producers split on the quota squeeze: MMG calls its allocation unviable as CMOC stockpiles

China’s MMG said its 360 t Kinsevere quota (against roughly 6,000 t capacity) makes cobalt economically unviable and asked for policy clarity, while CMOC kept producing near capacity and accumulated unexportable cobalt inside the DRC.

Moderately corroborated
2026-04
Market & production

Glencore becomes first miner to export under the DRC’s 2026 cobalt quota regime

Combined 2025–26 quota of ~22,800 t; Q1 2026 cobalt output fell 39% year on year as Glencore prioritised copper and stockpiled over-quota cobalt in-country.

Well corroborated
2026-04
Policy & governance

DRC creates a strategic mineral reserve for cobalt, coltan and germanium, run by ARECOMS

A decree presented at the 10 April Council of Ministers lets ARECOMS acquire, hold and sell physical stocks of the three strategic minerals, with unexported quota volumes rolled into the reserve, a tool to steady prices and assert economic sovereignty.

Well corroborated
2026-04
Market & production

Cobalt tops US$57,000/t, up about 160% since the February 2025 suspension

Trade analysts attribute the rally mainly to the DRC export restrictions and quota under-execution rather than demand, warning the recovery rests on “administrative scarcity” that could reverse if stockpiles are released.

Well corroborated
2026-04
Geopolitics & deals

Civil-society coalition CNPAV says the Sicomines deal costs Congo about US$500,000 a day

In an April analysis the “Congo is not for sale” coalition argues the fixed annual infrastructure payment caps the state’s upside while copper trades high, estimating a US$412.6m shortfall over 2024–2026 (the coalition’s own, un-audited modelling).

Moderately corroborated
2026-03
Artisanal & formalisation

Mercuria & EGC sign a "Gold Standard" MoU to formalise the Kasulo ASM site

Aims to make Kasulo a global benchmark for responsible artisanal cobalt across health, safety, human rights and traceability.

Moderately corroborated
2026-03
Geopolitics & deals

DRC launches a 17-year audit of the US$9bn Sicomines minerals-for-infrastructure deal

The APCSC regulator appointed an ATF-PCSC/Mayer Brown consortium (with Rothschild, EY and SRK) to audit the Sino-Congolese programme from its April 2008 launch to the March 2024 amendment, feeding a possible renegotiation.

Well corroborated
2026-03
Geopolitics & deals

DRC and China sign a geology MoU; Congolese exports gain duty-free access from May 2026

Mines Minister Louis Watum and China’s Natural Resources Minister Guan Zhi’ou signed a cooperation memorandum in Beijing built on local processing and respect for Congolese law, with duty-free customs access for Congolese exports to China from 1 May 2026.

Well corroborated
2026-03
Policy & governance

DRC makes the CEEC its national mineral certification authority

A revised decree empowers the Centre d’Expertise, d’Évaluation et de Certification to certify and determine the physico-chemical characteristics of all minerals produced nationally, a central piece of cobalt export traceability.

Well corroborated
2026-03
Rights & environment

EIA & Premi Congo report accuses CMOC’s Tenke Fungurume of poisoning communities

The “Toxic Transition” investigation alleges sulphur-dioxide emissions from the expanded processing plant triggered a public-health crisis and displaced more than 10,000 people, tracing the mine’s cobalt to several global carmakers, which responded.

Well corroborated
2026-03
Geopolitics & deals

US-backed Virtus Minerals acquires Chemaf, including the Mutoshi ASM-pilot site

The DRC Mines Ministry approved the transfer of Chemaf’s copper-cobalt assets to Virtus (with Lloyds), backed by a US DFC-supported consortium; Mutoshi, a former artisanal-formalisation pilot, is targeted for large-scale development.

Well corroborated
2026-02
Artisanal & formalisation

ERG Africa & EGC sign an MoU at Mining Indaba to formalise responsible ASM

A public-private partnership to professionalise cooperatives and secure traceability on an ERG exploitation area in Lualaba.

Well corroborated
2026-02
Geopolitics & deals

US convenes a Critical Minerals Ministerial; floats a price floor as DRC seeks local value

At the 4 February Washington ministerial of 50+ countries, the US proposed a preferential trade zone with a critical-minerals price floor; President Tshisekedi pressed for projects bringing local jobs, technology transfer and standards.

Well corroborated
2026-02
Geopolitics & deals

First EGC–Trafigura cobalt shipment via the Lobito railway as the line secures US$753m

Trafigura reported the first delivery of Congolese copper and cobalt to global markets over the Lobito Atlantic Railway, initially to US customers, as the corridor secured US$753m in financing from the US DFC and the Development Bank of Southern Africa.

Well corroborated
2026-01
Market & production

Cobalt enters 2026 near US$56,000/t, its highest since mid-2022

The metal more than doubled in 2025 on the DRC export shock; analysts forecast a 2026 supply deficit.

Well corroborated
2026-01
Standards & due diligence

RMI to discontinue assessments against the Cobalt Refiner Standard

From 2026 the main cobalt due-diligence assurance pathway is folded into RMI’s all-minerals standard, a material change for downstream sourcing.

Moderately corroborated
2026-01
Artisanal & formalisation

DRC audit finds nearly all Lualaba cobalt processors non-compliant; suspension eased case by case

An ad-hoc commission set up after the December processing ban reported that the vast majority of Lualaba copper-cobalt treatment entities breached traceability and sourcing rules; the ministry lifted restrictions selectively through January.

Well corroborated
2026-01
Market & production

CMOC posts a record 117,500 t of cobalt for 2025 but is held to a 31,200 t export quota

The world’s largest cobalt producer can ship only about a quarter of its output under the 2026 quota, forcing it to stockpile the balance inside the DRC; it warned the curbs could speed a shift to cobalt-free batteries.

Well corroborated
2025-12
Geopolitics & deals

US–DRC Strategic Partnership Agreement signed

A minerals-for-security framework covering cobalt, copper and others, tied to a peace process; the DRC holds over 70% of global cobalt reserves.

Well corroborated
2025-12
Policy & governance

DRC suspends all artisanal copper-cobalt processing nationwide; deadly protests follow in Kolwezi

Mines Minister Louis Watum’s Order 00964 of 19 December froze all artisanal copper-cobalt buying and processing, citing fraud and sourcing from industrial concessions; the freeze paralysed Kolwezi and protests on 27–28 December left at least two dead.

Well corroborated