According to the price mercurials published for the week of April 7 to April 12, 2025, by the Ministry of External Trade, cobalt has recorded a 2% drop, now selling for $33,547.00 per ton compared to $35,110.00 the previous week.

During the week of March 31 to April 5, 2025, cobalt was already trading at $33,547 USD per ton, compared to $35,110 USD during the week of March 26 to March 31, 2025. The downward trend is therefore confirmed.

Regarding the suspension of exports, although the measure was supported by the government and the President of the Republic, the Central Bank of Congo reminded in its economic note dated Wednesday, March 19, of the decision’s impact on prices.

It revealed that cobalt prices had fallen by 3.3% since December 2024, due to concerns surrounding this suspension.

Through this measure, the Congolese government had hoped for a price increase. The opposite occurred. Although the DRC holds 75% of the market, other producing countries such as Indonesia continue to export actively. The government even considered collaborating with this country for better control of global supply.

During the 38th meeting of the Council of Ministers on April 4 in Kinshasa, Prime Minister Judith Suminwa highlighted the necessity of securing strategic mineral resources, particularly in the current security context.