African economic
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Ecofin Agency · Africa · DRC's 96,600-tonne cobalt quota forces Glencore to pivot and drives prices up 160%
Reports that Glencore is explicitly prioritising copper over cobalt at its DRC assets in 2026; cites S&P Global modelling showing quotas could push the market into near-term deficit and lift the DRC's export value roughly 24% in 2027 versus 2024.
“Copper production in the DRC will take priority over cobalt, for which export quotas are currently in place.”