The Democratic Republic of the Congo (DRC) has announced an additional three-month extension to its cobalt export ban. In response, China Molybdenum Co., the world's leading producer of cobalt, has affirmed that production and operations in its mining areas within the DRC are continuing unabated. The company further stated that the anticipated extension of the ban is not expected to significantly impact its business performance. China Molybdenum Co. emphasized its commitment to maintaining open communication with the DRC government and to closely monitoring any policy developments in this regard.