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August 28, 2014

Cobalt Market on Alert After Reports of Blocked Border Due to Ebola

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MetalBulletin.com - August 28, 2014 - London

Cobalt Market on Alert After Reports of Blocked Border Due to Ebola

Concern is growing in the cobalt market that African border controls, as a result of the spread of Ebola, may restrict movement of some cobalt and copper coming from the Democratic Republic of Congo (DRC).

Excerpt from the August 28, 2014 MetalBulletin Article

Border issues have been reported on at least one route that is used by copper and cobalt transporters from the DRC. “This is definitely happening on the Botswana/Zambia border,” a source active in the region said. “I hear trucks have been backed up since Monday,” a second cobalt source said. A memorandum, seen by Metal Bulletin, sent out by the Botswanan government to immigration officials on August 25 stated that in order to safeguard its citizens, all borders and airports are instructed not to allow anybody from the DRC to enter the country. More than 80 trucks heading to South Africa from the DRC, the world’s largest cobalt producer, are reportedly stranded on the Zambian side of the Kazungula border crossing to Botswana. This, according to local media, is because the Botswanan authorities are not allowing them to enter due to fears about the Ebola virus…

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September 2nd, 2014, SPOTLIGHT ON EBOLA: African Border Controls on Copper and Cobalt