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| Glencore cobalt export |
Congo Launches Quota System for Cobalt Exports
Glencore shipped the first cobalt cargo under Congo’s new quota system, marking a critical step for global battery supply chains. Meanwhile, the government requires a 10% royalty before approving exports. Therefore, this pilot shipment tests procedures and ensures compliance with Congo’s strategic reserves. As a result, cobalt availability may gradually stabilize after months-long export suspension.
Impact on Global Cobalt Market
Congo accounts for over 70% of global cobalt production, estimated at 280,000 tons in 2025. Meanwhile, Glencore received a 3,925-ton quota, while China’s CMOC secured 6,650 tons. However, full-sized shipments are expected by April 2026. Therefore, traders anticipate temporary supply tightness, which has pushed prices to $24 per pound, more than double February’s nine-year lows.
Operational Challenges and Strategic Outlook
Exporters must comply with sampling, lab certification, and prepayment rules before shipment. Meanwhile, legal ambiguities may delay deliveries. As a result, urgent talks are ongoing to clarify compliance procedures. Therefore, Glencore cobalt export under Congo’s quota system represents both an opportunity and a challenge for battery manufacturers worldwide.
ScrapInsight Commentary
Glencore’s cobalt export under Congo’s quota system partially alleviates supply shortages, supporting EV battery production. However, regulatory complexity and royalty requirements may create short-term volatility. Global pricing and supply chains will closely track Congo’s compliance efficiency.
