Glencore Raises Alarm Over Cobalt Oversupply
Congo’s extended cobalt export ban may cause Glencore to leave much of its output unsold by the end of 2025. The company has been stockpiling cobalt in DRC due to the ban aimed at controlling oversupply and setting up a quota system. Despite this, Glencore expects no significant financial impact and p…Read More

U.S. Sanctions Target Armed Groups and Illicit Mineral Trade
The U.S. has imposed sanctions on PARECO (an armed group tied to Rubaya coltan mining), Congolese mining company CDMC, and two Hong Kong exporters—East Rise and Star Dragon—for involvement in conflict mineral trafficking, forced labor, and violence. These measures freeze U.S…Read More

Coltan Mining Fuels Conflict and Tech Industry
In eastern DRC’s Rubaya region, about 15% of the world’s coltan—vital for electronics and aerospace—is mined by impoverished workers, including children. The area is under control of the M23 rebel group, which reportedly taxes mineral production to fund its insurgency, earning up to $800,000 per m…Read More