ERG Plans Limited Recovery for Congo Cobalt Output in 2026

ERG expects a partial recovery in Congo cobalt output this year after a 70 percent cut in 2025. The group aims to double production as copper volumes also rise.

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Eurasian Resources Group (ERG) has announced expectations for a limited recovery in cobalt hydroxide output within the Democratic Republic of the Congo following a deliberate production cut in 2025. The decision to scale back operations last year was driven by the implementation of an export ban and a subsequent quota system by the Congolese government, which sought to address market oversupply and declining prices for the battery metal.

An illustration of the Cobalt (Co) element showing its atomic symbol, number, and mass, captured in February 2026. REUTERS/Dado Ruvic/Illustration
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