Congo's Cobalt Policy and Industrial Opportunity
The Democratic Republic of Congo's attempt to cap cobalt exports has faced challenges due to global price volatility and shifting demand toward cobalt-free battery technologies in China. The article argues that export quotas alone do not guarantee economic power. Instead, it suggests that resource-rich nations like DRC and Zambia should focus on building industrial capacity, such as local mineral processing and recycling plants for electronic waste. Key recommendations include improving electricity infrastructure, particularly the Kalumbila-Kolwezi power line, streamlining regulations in economic zones, and mandating that mining firms invest in local infrastructure and community benefit-sharing. By shifting from raw material extraction to value-added manufacturing, African nations can better position themselves within the global energy transition.
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