London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.
Mining policy decisions made by politicians in the DRC’s capital Kinshasa or mining regions like Kolwezi are felt throughout global battery supply chains. For instance, as the producer of 70% of the world’s cobalt, the DRC has influence over the global electric vehicle battery supply chain.
Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries
“As substantiated by the BloombergNEF report, the prospect of the expanding the value chain of development of lithium-ion batteries and electric vehicles value chains to DRC and Africa is both financially and environmentally appealing,” commented Dr. Sidi Ould Tah, Director General of the Arab Bank for Economic Development in Africa (BADEA).
The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed as a victim of exploitation by China, the US and Europe in their competition for its minerals, which are critical for the energy transition. But our research has found that the DRC can influence the shape of the cobalt market, in which it is the single largest producer.
In so doing, the country and the rest of Africa can extend their access from the USD271 billion battery precursor segment to the more lucrative USD1.4 trillion combined battery cell production and cell assembly segments of the battery minerals global value chain.
The United States releases signed MOU with the Democratic Republic of Congo and Zambia to strengthen electric vehicle battery value chain. The Department of State …
The Democratic Republic of the Congo (DRC) holds a remarkable 51% of …
The Beyond the Grid Fund for Africa (BGFA) is expanding its portfolio in the Democratic Republic of the Congo with financing for Mobile Power, helping to support access …
London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become …
According to a publication by the institute, building a plant in Congo to produce the precursor for a battery could cost only a third of an equivalent plant in China or the US.
Earlier this year, the Economic Commission for Africa, Afreximbank, and the African …
The Democratic Republic of the Congo (DRC) holds a remarkable 51% of the world''s cobalt reserves and possesses substantial hydroelectric power potential. This unique …
The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed …
As the world''s largest producer of cobalt, the Democratic Republic of Congo (DRC) no longer wants to settle for the role of a raw material supplier. Instead, it wants to build …
Earlier this year, the Economic Commission for Africa, Afreximbank, and the African Development Bank signed Framework Agreement with the Democratic Republic of Congo and Zambia for …
Discover the latest information on the management of the electric battery value chain in the Democratic Republic of Congo. On 17 July 2024, the Minister for Industry, SMEs and SMIs, Mr Louis Kabamba Watum, visited the CCB''s …
Discover the latest information on the management of the electric battery value chain in the Democratic Republic of Congo. On 17 July 2024, the Minister for Industry, SMEs and SMIs, Mr …
The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed as a victim of exploitation by China, the US and Europe in their competition for its minerals, which …
Swedish battery manufacturer Northvolt has expressed its intention to explore cobalt sourcing from the Democratic Republic of Congo (DRC), a crucial component in electric …
The Democratic Republic of Congo is the world''s major supplier of cobalt, used in electric vehicle batteries, and is asserting its rights as an equal partner in the renewable energy...
The Democratic Republic of Congo (DRC) is set to play a crucial role in the global transition …
London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of …
The Democratic Republic of Congo (DRC) is set to play a crucial role in the global transition away from fossil fuels. About 70% of the world''s mined cobalt, an essential metal for many batteries …
The Democratic Republic of Congo is the world''s major supplier of cobalt, used in electric vehicle batteries, and is asserting its rights as an equal partner in the renewable energy...
The Democratic Republic of Congo is the world''s major supplier of cobalt, used in electric vehicle batteries, and is asserting its rights as an equal partner in the renewable energy transition.
Precursor plant location. Stakeholders suggest that this remains a point of disagreement between the DRC and Zambia. The governments initially agreed to construct …
The Dark Side of Batteries: Child Labor and Cobalt Mining in the Democratic Republic of the Congo September 26, 2022 Abstract This paper provides evidence that the rapid increase in …
The US has signed a memorandum of understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia to strengthen electric vehicle (EV) battery value chains. …
Congo, the Democratic Republic of the Country Commercial Guide. Doing Business in Democratic Republic of the Congo. Democratic Republic of the Congo - Market Overview; ... The mineral is considered critical …
Congo, the Democratic Republic of the Country Commercial Guide. Doing Business in Democratic Republic of the Congo. Democratic Republic of the Congo - Market …
Although China has invested capital into multiple mineral-rich nations, the Democratic Republic of the Congo (DRC) stands out because of its vital role in the cobalt market. The DRC produces 80 percent of the world''s …