DRC to declare cobalt as strategic, 10% royalty

Full article:

https://www.businesslive.co.za/bd/w...lt-and-other-minerals-as-strategic-this-week/

Take away(s):

In the DRC royalties to go up to 10% for cobalt miners.
New code came into effect in June

Opinion:

Good news for cobalt miners outside of the DRC.
Probably wont reduce the near term supply coming out of the DRC, but will hopefully make manufacturers look elsewhere for their cobalt.

DYOR