Congo considers cobalt export ban extension, quota plan faces delays –sources

KINSHASHA, Sept 19 (Reuters) - The Democratic Republic of Congo is weighing up an extension of its cobalt export ban by at least two months, as officials work to finalise a quota system aimed at replacing the suspension, three sources familiar with the matter told Reuters.

The Mines Ministry arrived at the decision citing a need for further recovery in the cobalt price and more time to implement a quota-based framework, a senior official at the ministry said

The Mines Ministry's decision needs approval from the Presidency.

The Presidency and Mines Ministry did not respond to requests for comment.

(Reporting by Sonia Rolley and Maxwell Akalaare Adombila; Additional reporting by Polina Devitt; Writing by Maxwell Akalaare Adombila Editing by Veronica Brown and Jane Merriman)

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