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.
Xurve View
洞察:
Xurve View
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.
