🇨🇩DR Congo bans cobalt exports (for 4 months). Attempting to prop up a weak price after a surge in supply & slowing demand. Illustrated the cyclicality of metals prices, even if the long-term trend (🪫batteries etc) is favourable to the producer🇨🇩 www.reuters.com/markets/comm... - ThreadSky | a Reddit-style client for Bluesky

tonysangle.bsky.social • 15 days ago

🇨🇩DR Congo bans cobalt exports (for 4 months). Attempting to prop up a weak price after a surge in supply & slowing demand.

Illustrated the cyclicality of metals prices, even if the long-term trend (🪫batteries etc) is favourable to the producer🇨🇩 https://www.reuters.com/markets/commodities/congo-weighs-cobalt-export-quotas-revive-prices-amid-supply-glut-2025-02-25/

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