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Glencore Calls Force Majeure on Cobalt Exports as Durban Flooding Worsens Chinese Shipping Crisis
Glencore, the world’s largest cobalt producer, announced that it can’t fulfill its delivery commitments for cobalt hydroxide out of the Democratic Republic of Congo, due to severe flooding in the South African port city of Durban. The majority of cobalt exports from the DRC depart the continent via Durban. ...
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Russia’s President Vladimir Putin, China’s President Xi Jinping, and Indonesia’s President Prabowo Subianto, before a military parade, Tiananmen Square, Beijing, Sept. 3, 2025. Sergey Bobylev/POOL/AFP/Sputnik
By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders ...
Glencore Calls Force Majeure on Cobalt Exports as Durban Flooding Worsens Chinese Shipping Crisis
Glencore, the world’s largest cobalt producer, announced that it can’t fulfill its delivery commitments for cobalt hydroxide out of the Democratic Republic of Congo, due to severe flooding in the South African port city of Durban. The majority of cobalt exports from the DRC depart the continent via Durban. ...