refining build-out

Africa proved it can move the cobalt price, then lost a third of the quota to paperwork, which is the part Australian operations should read twice

Africa's critical mineral producers are shifting from hosting resources to setting terms, and a recent intelligence briefing shows the leverage is real, the value capture is not yet, and the read-through for Australian operations is sharper than the geopolitics suggests.

By Jamie Wade on August 14, 2026
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