The Democratic Republic of Congo replaced a months-long export ban with a quota system in October, aiming to boost state revenues and tighten oversight. According to reports, the new conditions will require miners, among other things, to pre-pay a 10% royalty within 48 hours and secure a compliance certificate.
The circular shows that this is part of an effort by the DRC to keep a tight grip on the key battery mineral.
Thami Ngubeni spoke to Mining Analyst, David van Wyk...