https://newsletter-mw.creamermedia.com
Copper|Energy|supply-chain
Copper|Energy|supply-chain
copper|energy|supply chain

EGC, EVelution Energy and Trafigura agree MoU for US–DRC cobalt supply chain

13th May 2026

By: Reuters

  

Font size: - +

Entreprise Générale du Cobalt (EGC), EVelution Energy and Trafigura on Wednesday announced a memorandum of understanding (MoU) to set up a long-term supply framework for Congolese cobalt hydroxide to the US.

"The arrangement is expected, subject to definitive agreements, to support EVelution Energy’s production of up to approximately 40% of projected US cobalt demand," commodity trader Trafigura said in a statement.

It said EVelution Energy is set to refine the material at its Arizona site into battery-grade cobalt sulfate and/or alloy-grade cobalt metal for the US aerospace, defense and electric vehicle battery sectors, while EGC is expected to source cobalt hydroxide under its state mandate in the DRC.

In December 2025, the US's development lender announced plans to take a stake in a new partnership to market Congo's minerals which could give US end-users the right of first refusal on copper and cobalt supplies.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Roytec Global (Pty) Ltd
Roytec Global (Pty) Ltd

Roytec Global is an international company specializing in liquid / solid and mineral separation technologies for the Mining and Industrial sectors.

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.092 0.127s - 150pq - 2rq
Subscribe Now