State-owned EGC to start buying artisanal cobalt within weeks

July 16, 2021 / www.metalbulletin.com / Article Link

Entreprise G?(C)n?(C)rale Du Cobalt, a state-owned company in the Democratic Republic of Congo, will start to buy cobalt produced by the country's artisanal miners within eight weeks, it told Fastmarkets on Wednesday July 14.

Cobalt is a key ingredient, alongside lithium and nickel, in batteries that power electric vehicles (EVs), demand for which was expected to boom in the medium term.

Artisanal and small-scale mining (ASM) of cobalt in the DRC is a sector responsible for millions of...

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