Congo’s Extended Cobalt Export Ban is Unlikely to Yield Positive Results

As the biggest producer of cobalt on the globe, any action that the Democratic Republic of Congo takes is, on paper, expected to have a significant effect on the market for this metal. So, why didn’t Congo’s expiring moratorium on cobalt exports have the desired effect of shoring up cobalt prices on the world stage to the extent that the ban has been extended for another three months?

For gold and copper exploration firms like Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), the current headwinds in the market for cobalt present learning moments that they can factor into their strategic planning processes so that their projections aren’t thrown out of whack in the…

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NOTE TO INVESTORS: The latest news and updates relating to Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) are available in the company’s newsroom at https://ibn.fm/ATBHF

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