This follows the initial four-month suspension initiated in February, after cobalt prices plunged to a nine-year low of around $10 per pound.
Even before the ban’s extension, it significantly boosted cobalt prices — up 35%, following forced shipment halts by Glencore
Other regions, such as Indonesia, are positioning themselves to respond to any ongoing restrictions, which could shift market shares and supply chains This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about democratic republic of congo extended ban on cobalt exports by three months prices jump was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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