Wedoany.com Report on Feb 11th, Mercuria Energy Trading SA recently announced that it has concluded its first strategic transaction for copper and cobalt with Entreprise Générale du Cobalt (EGC). This collaboration marks a new move by Mercuria in sourcing critical metals, while also reflecting the efforts of the Democratic Republic of the Congo in implementing responsible mineral supply chain management.

This transaction takes place against the backdrop of the cobalt export quota system launched last year by the Regulatory Authority for Strategic Mineral Substances (ARECOMS) in the Democratic Republic of the Congo. According to the regulations, the transaction requires adherence to the mineral supply chain management and responsible sourcing standards established by EGC in the artisanal and small-to-medium-scale mining sectors, aiming to enhance industry transparency and sustainability.

The copper cathodes involved in the transaction are planned to be shipped to the United States, the United Arab Emirates, or Saudi Arabia, demonstrating Mercuria's global market strategy. This export of copper and cobalt represents a significant step for the Democratic Republic of the Congo as a participant in the critical metals market and continues its cooperative relationship with Mercuria, following the joint venture plan announced between Gécamines and Mercuria in 2025.

Mercuria is an energy and commodities company headquartered in Geneva, Switzerland, with operations spanning over 50 countries worldwide. The company is active across multiple segments of the energy value chain, including crude oil, refined products, natural gas, LNG, power, renewable energy, and metals. This copper-cobalt transaction with EGC further solidifies its market position in metals trading.