Cobalt prices have tripled in two years, but the Congo’s small miners see little of the gain

cobalt miner afriac

In global markets the price of cobalt, a mineral used in batteries for high-tech products from iPhones to Tesla electric cars, has nearly tripled to $81,500 a tonne in two years. But in the Democratic Republic of Congo, which produced two-thirds of the global supply of the coveted metal last year, artisanal diggers called “creuseurs” sell…


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