On December 10, Glencore responded to Interface News with no comment in response to a recent Reuters exclusive report that “Glencore has become the first company to export cobalt under the new Congolese quota system.” Earlier, Reuters quoted government and trade sources as saying that Glencore was approved to ship the first batch of pilot cobalt goods after paying a 10% royalty this week, becoming the first export company under the new quota system. In addition, the above report also mentioned that the Tenke Fungurume mine, a subsidiary of Luoyang Molybdenum, has also begun the export preparation process. In response to this incident, Interface News contacted Luoyang Molybdenum Industry, and no response had been received as of press release.

On December 10, Glencore responded to Interface News with no comment in response to a recent Reuters exclusive report that “Glencore has become the first company to export cobalt under the new Congolese quota system.” Earlier, Reuters quoted government and trade sources as saying that Glencore was approved to ship the first batch of pilot cobalt goods after paying a 10% royalty this week, becoming the first export company under the new quota system. In addition, the above report also mentioned that the Tenke Fungurume mine, a subsidiary of Luoyang Molybdenum, has also begun the export preparation process. In response to this incident, Interface News contacted Luoyang Molybdenum Industry, and no response had been received as of press release.