DRC to lift cobalt export ban and launch quotas from October 2025
Miners will be permitted to export up to 18,125t of cobalt for the remainder of 2025, followed by annual quotas of 96,600t for both 2026 and 2027.
23 September 2025
23 September 2025
Miners will be permitted to export up to 18,125t of cobalt for the remainder of 2025, followed by annual quotas of 96,600t for both 2026 and 2027.
The financing, finalised in 2024, was intended to fund the construction of a processing facility.
The move is aimed at securing a stable supply of scandium, an REE critical to defence and technology sectors.
The company plans to begin developing the Lord Byron open pit in H2 CY26.
KCC operates a major copper and cobalt project in the DRC but has faced operational challenges.
The USFS has granted a conditional NTP for the Stibnite Gold Project.
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