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Mining

Cobalt supply chain

DRC artisanal and industrial mine supply, refining in China, and cathode chemistry shifts.

⚠ DRC mine concentration & China refining

Key chokepoints

  • DRC copper-cobalt miningMining

    DRC supplies the majority of global mine cobalt; power and logistics disruptions ripple quickly.

    Related tickers: CMOC

  • Artisanal & small-scale mining oversightESG

    OEM due diligence requirements can exclude untraceable cobalt streams.

  • Cobalt hydroxide refiningRefining

    China refines most hydroxide; export controls or energy shocks tighten Western supply.

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