Global Organization
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.
Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries
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.
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.
“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 DRC produces about 70 per cent of global cobalt but captures just 3 percent of the battery and electric vehicle value chain.
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 plan to develop an electric battery supply chain opens the door for open and transparent investment to build value-added and sustainable industry in Africa and creating a just energy transition for workers and local …
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...
Lusaka, 29th April 2022 – Zambia and the Democratic Republic of Congo (DRC) has signed a historical cooperation agreement to facilitate the development of value chain in electric battery …
Today, the Department of State released the signed Memorandum of Understanding (MOU) on electric vehicle battery value chains signed by the United States on …
The report, This is what we die for: Human rights abuses in the Democratic Republic of the Congo power the global trade in cobalt, traces the sale of cobalt, used in …
The U.S.-DRC-Zambia MOU aims to centralize the production of EV batteries in the DRC and Zambia, despite the current trend of mineral extraction happening in Africa but …
The Democratic Republic of Congo (DRC) could become a major low-cost and low-emission producer of lithium-ion (Li-ion) battery precursors, says research company …
Andre clocks into his job at the Kamoto Copper Company (KCC) in the Democratic Republic of Congo at 7 in the morning, and he leaves at 6 at night. The work is …
The plan to develop an electric battery supply chain opens the door for open and transparent investment to build value-added and sustainable industry in Africa and …
of the cobalt used in rechargeable batteries worldwide. Cobalt is critical for battery safety and stability, ensuring that cathodes do not overheat or catch fire while also helping extend the life …
The U.S.-DRC-Zambia MOU aims to centralize the production of EV batteries in the DRC and Zambia, despite the current trend of mineral extraction happening in Africa but refinement taking place elsewhere.
London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become …
Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo. Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show."
Zambia''s Minister of Mines enters the already packed conference hall. He has made it to Kinshasa, the capital of the neighboring Democratic Republic of Congo (DRC), in …
Congo has a limited window of time to fix its informal mining problem before cobalt is replaced in electric car batteries by other minerals, he says. "Our preference is not to …
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 …
These child miners, some as young as seven, live in the Democratic Republic of the Congo (DRC), central Africa. Given that more than half the world''s cobalt comes from the …
Samsung SDI, another large battery maker, said that it is conducting an internal investigation but that "to the best of our knowledge," while the company does use cobalt mined …