Congo delays ban on copper and cobalt concentrate exports

January 12, 2016

Responsive image

Democratic Republic of Congo has again delayed a ban on exports of copper and cobalt concentrate because it lacks enough electricity to process the minerals domestically, the mines ministry and chamber of mines said on Tuesday. Congo, which leads Africa in copper output and the world in cobalt production, first ordered the ban in 2013 in a bid to encourage local industry to shift production to higher-value finished metals.

Category: