Soaring Diesel Prices in DRC Mining Hubs Drive Up Operational and Transport Costs for Mine Operators

Published: Apr 20, 2026 16:19

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The DRC’s mining sector is highly dependent on diesel for power, mining, and cross-border transport, and diesel prices have risen sharply in recent weeks. Prices in Lubumbashi, Likasi, and Kolwezi have reached US$3.1/litre, pushing up transport and operating costs significantly. According to SMM, DRC spot FCA prices remain at around -US$410 to -US$420/tonne. However, soaring sulphuric acid and diesel costs have sharply increased SX-EW production costs, strengthening producers’ resistance to lower prices. Q2 term freight negotiations are now underway, with southbound freight rates up by about US$20/tonne.

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