CMOC

  • January 27, 2025

    CMOC Maintains Record Cobalt Output Amid Market Pressures

    BY Sophia Schmitz
    China’s CMOC Group, the world’s largest cobalt miner, plans to sustain high production levels in 2025 following a record-breaking year in 2024. The company, which operates major mining projects in the Democratic Republic of Congo, has set a target to produce between 100,000 and 120,000 tons of cobalt this year. This comes after it achieved...
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  • January 10, 2025

    CMOC’s Cobalt Surge Deepens Global Oversupply, Prices Plunge 50% in Two Years

    BY John Davis
    Cobalt prices have halved over the past two years, largely driven by a surge in supply from China’s CMOC Group. The company’s aggressive production growth has significantly contributed to the global oversupply of cobalt, pushing prices down from over $28,000 per tonne in January 2024 to under $24,000 by December on the London Metal Exchange....
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