Copper exports from Democratic Republic of Congo fell by 14.6% in the first quarter, slipping from exceptionally strong levels a year earlier, while cobalt shipments rebounded sharply after a months‑long freeze, according to shipping data seen by Reuters.Congo is the world’s largest cobalt producer, with 70% of global reserves, and the second‑largest supplier of copper, making it a critical pillar of global supply chains for electric vehicles and the clean‑energy transition…
The collective scramble to move as much physical copper as possible to the U.S. before the imposition of import tariffs is creating shortages in the rest of the world.London Metal Exchange (LME) stocks have fallen to nearly two-year lows with…