Mercuria begins historic partnership with EGC: strategic development of cobalt and copper deposits in Congo

Mercuria, one of the global leaders in commodity trading, announced its first direct engagement with the state-owned mining company Entreprise Générale du Cobalt (EGC) from the Democratic Republic of Congo. This deal marks a new chapter in the company’s expansion into the African mineral resources market and demonstrates the growing interest of investors in regions rich in strategic metals. The signed contract involves the supply of refined copper, which will be directed to key markets including the United States, the UAE, and Saudi Arabia.

Why Cobalt and Copper Are Becoming Central to Traders’ Focus

Demand for cobalt and copper is at historic highs. These metals play a fundamental role in green energy, next-generation electronics, and industrial manufacturing. According to specialized analytical portal Jin10, supplies of these resources from reliable sources are critical for the stability of global supply chains. Long-term contracts with high-level producers such as EGC enable trading companies to ensure predictability and quality.

Diversification Strategy: Mercuria’s New Approach to Risk Management

Partnership with EGC is a component of Mercuria’s ambitious program to restructure its supplier portfolio. The company is actively seeking alternative sources of high-grade cobalt and copper to reduce dependence on traditional channels. This move strengthens Mercuria’s position in a competitive market and allows the company to offer clients stable conditions for the supply of rare and strategic resources. Direct procurement from state enterprises significantly optimizes logistics chains and reduces intermediate costs.

Democratic Republic of Congo: An Emerging Star in the Global Mining Sector

It is often overlooked that Congo possesses some of the largest cobalt reserves in the world. Recent investments in deposit development and capacity expansion have enabled the country to strengthen its position in the international market. Mercuria’s deal with EGC symbolizes recognition of DRC’s strategic role in the global raw materials ecosystem. As the global economy shifts toward renewable energy sources, demand for Congolese cobalt will continue to grow. This contract is just the beginning of a new era of partnership between international traders and African producers.