Business news Metals Africa

Mercuria purchases first Copper and Cobalt from Entreprise Générale du Cobalt (“EGC”)

9th February 2026

Geneva, 9 February, 2026 – Mercuria Energy Trading SA (“Mercuria”) is pleased to announce its first copper and cobalt transaction with Entreprise Générale du Cobalt(“EGC”).

The strategic transaction follows the implementation of a quota system for the export of cobalt from the Democratic Republic of Congo announced last year by the Strategic Mineral Substances Market Regulation and Control Authority (ARECOMS) and calls for the implementation of the EGC standards on mineral supply chain management and responsible sourcing practices in the artisanal and small-scale mining sector.  

The copper cathodes are intended for shipment to either the United States of America, the United Arab Emirates or Saudi Arabia.

This first copper and cobalt export constitutes yet another milestone for the Democratic Republic of Congo’s positioning as a key critical metals market participant and follows the announcement of Gécamines’ joint venture with Mercuria in 2025.

#ENDS#

Subscribe for updates

Simply add your email to receive news updates from Mercuria. You can unsubscribe at any time.

This field is for validation purposes and should be left unchanged.

Latest news

Solutions to help your company reach net zero

Our team of specialists can provide the optimal solutions to help your business navigate the energy transition.