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Government agencies, including the Direction Générale des Douanes et Accises (DGDA) and the Direction Générale des Migrations (DGM), have been tasked with ensuring strict enforcement of the new regulations.
Arecoms has also introduced stricter guidelines for artisanal cobalt extraction and processing:
Additionally, any agreements between EGC and mining or quarrying rights holders must comply with existing regulations without transferring ownership or rights.
Arecoms has warned that violations of these new rules will result in criminal prosecution under the DRC’s Criminal Code and Mining Code.
The decision took immediate effect upon its signing.
Tightened control over cobalt production and exports is expected to have a significant impact on global supply chains.
As cobalt is a critical component in electric vehicle batteries and various high-tech applications, the temporary export ban may drive up global prices and force manufacturers to seek alternative sources.