Africa Copper DRC Export Governance Government Legislation Mining

DRC extends copper concentrate export ban waiver to April 2021

Democratic Republic of Congo has issued a six-month waiver to an export ban on copper concentrate, the mining minister said in a letter seen by Reuters yesterday.

Congo, the world’s leading producer of cobalt and Africa’s biggest copper producer, banned exports of copper and cobalt concentrates in 2013 to encourage miners to process and refine the ore in the country.

But insufficient smelting capacity has driven it to repeatedly issue waivers. In August, the government granted an indefinite moratorium for all minerals exports except copper concentrate, pending discussions with miners.

Also read: Congo to meet miners to debate copper concentrate export waivers

“This moratorium, which will end on April 12, 2021, can only be extended on the justification of a project for further processing on site,” Mines Minister Willy Kitobo Samsoni said in a letter to other members of the government dated Oct. 12.

Source: Reuters

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