Cobalt price hits lowest since 2016 amid record production
China’s CMOC set a new production record last year and plans to maintain similar output levels through 2025.
The U.S. Securities and Exchange Commission (SEC) has postponed the adoption of rules governing sourcing of minerals from conflict areas around Central Africa, the SEC said on its website.
The regulation, aimed at cutting the flow of money to armed rebels in the Democratic Republic of Congo and neighbouring countries, is part of the Dodd-Frank financial reform bill. The rules were expected to be adopted in April.
