Chinese Cobalt Giant’s Record Production Drives Global Prices to 8-Year Low

CMOC Group Ltd. transforms the global cobalt landscape by producing 84,722 tons in the first nine months of 2024. This output exceeds their annual target of 70,000 tons, pushing cobalt prices to eight-year lows. The Chinese mining giant’s success stems from expanded operations in the Democratic Republic of Congo DRC. CMOC extracts cobalt alongside copper, […]