China Molybdenum Hits Record Cobalt Production, Driving Global Surplus and Price DropCMOC is set to become the largest cobalt producer in 2024, doubling output and creating a global surplus that impacts prices.
Copper Prices Soar as China's Largest Mining Group Suspends ProductionProduction suspended at the COMMUS copper mine in CongoThe possibility of high levels of radiation in cobalt raises concernsCopper prices are at their highest in a year and are expected to face increased upward pressure Zijin Mining Group, China’s top gold-producing company, has halted production at its copper mine in the Democratic Republic of the […]
US Law Targets Chinese Communist Party for Child Labor in Cobalt MiningA bill has been proposed in the U.S. Congress to ban the import of cobalt from the Democratic Republic of the Congo (DRC). This is due to allegations that the Chinese Communist Party, which owns 90% of the DRC’s cobalt mines, is exploiting child labor and forced labor. According to industry sources, on the 18th, […]
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