crashnitrokartpcdownload|钴价持续低迷 全球最大生产国据称考虑限制出口 以支撑市场

Date: 5个月前 (04-12)View: 65Comments: 0

Financial Associated Press, April 12 (editor Xia Junxiong), according to media reports quoting sourcesCrashnitrokartpcdownloadAs cobalt prices remain low, the Democratic Republic of the Congo (DRC) plans to support the market by restricting exports, and the country is seeking advice from international industry organizations, including the introduction of an export quota mechanism.

As one of the key metals to achieve energy transformation, cobalt is widely used in the manufacture of batteries for electric vehicles. In addition, cobalt is needed to make missiles, aerospace components, radars and guidance systems.

The Democratic Republic of the Congo (DRC) is the world's largest producer of cobalt.Crashnitrokartpcdownload75% of the world's cobalt. Cobalt prices have plummeted by 2/3 since mid-2022 as global supply outstrips demand.

At a ministerial meeting in February this year, the government of the Democratic Republic of the Congo discussed how to deal with the collapse in cobalt prices.

According to the minutes of the meeting, President Felix Tshisekedi of the Democratic Republic of the Congo asked the then Prime Minister Lukonde to consider the need to introduce export quotas or take any other measures to boost cobalt prices. Tshisekedi also asked a regulator to help develop a possible plan.

The agency is currently consulting overseas industries and research institutions on possible policies and will submit a proposal to the new government formed after Mr Tshisekedi's re-election, according to people familiar with the matter.

Officials involved in the mining industry are divided over whether to impose export restrictions. Some see this as a necessary measure to deal with oversupply, but others worry that it may reduce the attractiveness of cobalt as a battery metal.

Cobalt-free electric car batteries are becoming more and more popular. Still, Darton Commodities, a professional trading firm, forecast in February that the electric vehicle industry is expected to account for 62 per cent of cobalt demand after 2030, up from 1/3 in 2023.

crashnitrokartpcdownload|钴价持续低迷 全球最大生产国据称考虑限制出口 以支撑市场

Tags:

Prev: jackpotvillage| Songsheng shares: net profit in 2023 decreased by 68.92% year-on-year
Next: casitsunodepositbonus| Hande Gold Selected Quantitative Fund Face 20% Huge Redemption, Firmly Meet the Challenge of Market Recovery

Related articlesNo more
︿