COB 1.11% 9.1¢ cobalt blue holdings limited

Broken Hill global cobalt province., page-1137

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    Sanderson emphasized that investors should remain calm, as the situation does not necessarily indicate widespread instability. “Investors in general should be reassured because it’s not clear that an actual attempted coup was what was taking place,” she noted. She further elaborated on the geographical and political context, comparing the DRC’s vastness to the United States east of the Mississippi. She explained, “When something happens in Kinshasa, as is currently happening today, and people begin to get upset, they need to remember that it’s as if there’s a riot in Boston. It’s not going to directly affect anyone in Miami.”This perspective is crucial for understanding the potential impact on the DRC’s mining sector, which is concentrated in the eastern and southern regions of the country, far from the capital. The DRC is known for its exceptional mineral wealth, including high-grade deposits of lithium, rare earths, copper, cobalt, and nickel. Sanderson highlighted this, saying, “Almost every rock that you touch in the Congo is high grade, whether we’re talking about lithium or rare earths or copper or cobalt or nickel.” QUOTE
    This is a blt of a wake up call that the DRC is stable now but with the global cobalt supply hanging on at least 70% from this country are small change could produce dramatic change. The mining world has become complacent with the status quo that could change in an instant IMO

    https://investornews.com/critical-minerals-rare-earths/political-instability-and-investor-reassurance-the-recent-attack-in-the-drc/
 
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