– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Ghana Gas Targets 2027 Investment Decision for $500 Million West-East Pipeline
Kemcore Secures Environmental Clearance for Botswana Mining Chemicals Plant
IFC Lines Up $1.2 Billion Investment Pipeline as Ghana Seeks More Private Capital
DRC Copper Exports Reach Record 1.72 Million Tons in First Half of 2026
Senegal and IMF Advance Talks on New Programme as Faye Meets Georgieva
Angola Central Bank Cuts Key Rate to 14.75% as Inflation Falls to Single Digits
South Africa Secures $1 Billion BRICS Bank Loan for Municipal Infrastructure
Senegal, Eni Sign Deal to Evaluate Five Offshore Oil and Gas Blocks
Sasol Signs Africa’s First Commercial SAF Supply Deal for Antarctica Flights
TotalEnergies Partners With French AI Firm Mistral on Oil and Gas Exploration
World Bank Chief Banga to Back Senegal’s Push for Faster G20 Debt Restructuring
Forbes Values Dangote’s Fortune Above $50 Billion After Refinery Revaluation
JPMorgan to Launch Frontier-Market Bond Index Tracking $330 Billion of Local Debt
AI Stocks Slide Globally as Anthropic CEO Calls for Slower Pace of Development
Senegal’s President Faye to Meet IMF Chief Georgieva in Washington on September 15
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Mining » Congo Establishes Strategic Cobalt Mineral Reserve to Tighten Grip on Global Supply
Mining

Congo Establishes Strategic Cobalt Mineral Reserve to Tighten Grip on Global Supply

by Emmanuel Ebube April 16, 2026
written by Emmanuel Ebube April 16, 2026
FacebookTwitterLinkedinEmail
130

KINSHASA, April 16 – The Democratic Republic of Congo has established a strategic reserve for cobalt and other critical minerals, aiming to tighten state control over supply and strengthen its influence in global markets.

Under a cabinet decree adopted on April 10, management of the reserve has been assigned to ARECOMS, which is now authorized to acquire, hold, and market strategic mineral resources.

Congo, which produces about 70% of the world’s cobalt, has been actively managing supply following a price slump driven by oversupply. The country previously imposed an export ban before shifting to a quota system in late 2025.

As part of that framework, the government reserved 10% of national cobalt export volumes for strategic use, equivalent to about 9,600 metric tons in 2026. Unused export quotas will now be redirected into the state reserve, reinforcing its ability to control market flows.

You Might Be Interested In
  • Glencore Takes $480 Million Provision on Exposure to Troubled Iron Ore Trader Radiant World

Major producers operating in the country include CMOC Group Limited and Glencore, alongside other international players.

The new reserve provides the government with an additional tool to influence global cobalt supply, complementing its quota system and broader efforts to stabilize prices while boosting economic sovereignty.

Cobalt, along with coltan and germanium, was designated a strategic mineral under a 2018 decree, placing its production and export under tighter state oversight.

Read Next

  • DRC Plans $750 Million Debut International Bond

    February 12, 2026
  • Cascador Selects 10 Growth-Stage Nigerian Businesses For 2026 ScaleUp Programme

    September 2, 2026
  • South Africa’s Manufacturing Slump Deepens as Factory Confidence Sinks in December

    January 9, 2026
  • Cameroon Expects Mining Revenue to Surpass Oil as Sector Expansion Accelerates

    July 16, 2026
  • Nigeria’s Foreign Reserves Rise Above $53 Billion to Highest Level Since 2009

    August 27, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy