Learn about sources of continued violence in the Democratic Republic of Congo and how the United Nations, African Union, and neighboring countries are struggling to curtail it.
The world''s electric vehicle and battery manufacturers who use cobalt from Congo''s industrial mines should use their influence to press mining companies to supply cobalt that is truly ''clean'' and ''sustainable''. The right to a
A tribunal in the Republic of Congo has ordered a battery recycling factory to stop work immediately, siding with members of a community who alleged in a lawsuit filed last year that the plant has poisoned them with lead. Earlier this month, an administrative tribunal in Pointe-Noire, the economic capital of the central African country, ruled against Metssa Congo,
At least up to 320,000 people living in peri-urban and rural areas will gain access to electricity through hub-based battery rentals. BGFA has signed an agreement worth a total of EUR 3 million with Mobile Power subsidiary MPDRC in the Democratic Republic of the Congo (DRC) to further support the business'' development. The results-based
On 29th April, the Democratic Republic of Congo (DRC) and Zambia signed a memorandum of understanding to develop their cobalt reserves and enhance the value chain of electric vehicle (EV) batteries and the globally acclaimed clean energy sector. The two countries are home to 80% of the world''s cobalt reserves, the majority (70%) of which is
The country is in contact with possible partner companies, including Bosch, but also Chinese companies. The Democratic Republic of Congo has also concluded a cooperation agreement with neighbouring Zambia,
In the DRC''s artisanal mining sector —which exists alongside the formal mining industry—children and adults toil underground for hours in dangerous tunnels, using sticks or makeshift tools to mine for the cobalt-rich mineral heterogenite. Others sift ore in noxious, contaminated waters. With no protective equipment, injuries and deaths are common.
[+] Kawama, Democratic Republic of Congo. Cobalt is used in the batteries for electric cars and mobile phones. Working conditions are dangerous. (Photo by Michael Robinson Chavez/The...
Cobalt is used in the manufacture of almost all lithium ion rechargeable batteries used in the world today. And while those outside of the DRC differentiate between cobalt extracted by the country''s high-tech industrial mining companies and that which was dug by artisanal miners, Kara says the two are fundamentally intertwined.
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. At the behest of UN Economic Commission for Africa (ECA), Afreximbank, the African
The goal of this MOU is to establish an entire value chain—from mineral extraction to the assembly line—around EV batteries in the Democratic Republic of Congo and Zambia. The shift from overreliance on natural resources to manufacturing and the diversification of the DRC''s economy are essential for the country to achieve its full potential.
The country is in contact with possible partner companies, including Bosch, but also Chinese companies. The Democratic Republic of Congo has also concluded a cooperation agreement with neighbouring Zambia, which also wants to significantly increase its mining of battery raw materials.
The world''s electric vehicle and battery manufacturers who use cobalt from Congo''s industrial mines should use their influence to press mining companies to supply cobalt that is truly ''clean'' and ''sustainable''. The right to a clean, healthy and sustainable environment is universal to us all.
At least up to 320,000 people living in peri-urban and rural areas will gain access to electricity through hub-based battery rentals. BGFA has signed an agreement worth
The goal of this MOU is to establish an entire value chain—from mineral extraction to the assembly line—around EV batteries in the Democratic Republic of Congo and Zambia. The
As a producer of lithium-ion batteries that feature cobalt, Northvolt has been involved with the Democratic Republic of Congo (DRC) – the world''s primary source of the cobalt used in most batteries on the market today.
As a producer of lithium-ion batteries that feature cobalt, Northvolt has been involved with the Democratic Republic of Congo (DRC) – the world''s primary source of the cobalt used in most batteries on the market today.
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 development of the EV sector will increasingly depend on a global cobalt supply chain, with battery demand for EVs expected to grow nearly 40 times between 2020 and 2040, to achieve the Paris Agreement goals (IEA, 2021) nsequently, the overall demand for cobalt to produce these batteries will increase 21 times, fuelling a spike in cobalt mining (ibid).
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[+] Kawama, Democratic Republic of Congo. Cobalt is used in the batteries for electric cars and mobile phones. Working conditions are dangerous. (Photo by Michael Robinson Chavez/The...
Today, Congo accounts for about two-thirds of global cobalt production. The metal is exported largely unprocessed and used primarily in batteries. Zambia also produces cobalt, which is...
The Tax regime in the Democratic republic of Congo is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 30 %, Corporation Tax is at 30% for Mining Companies, 35% Corporation tax for the other Companies and Vat at 18%.
Chinese companies like Huayou Cobalt, CATL and BYD have become global leaders in cobalt refining and battery production, supplying the global electric vehicle market. DRC influence over the cobalt industry
On a recent visit to the Democratic Republic of Congo (DRC), Pope Francis condemned the large companies from the West and China that mine the poor country''s abundant mineral resources. Speaking
Democratic Republic of the Congo is among the world''s richest countr in natural resourcesies . An estimated US$24 trillion worth of mineral deposits remain untapped, including the world''s largest coltan and cobalt reserves; 74 % of the world''s cobalt comes from Congolese mines . This silvery blue metal is used inter alia to produce lithium-ion batteries power electric cars, smartphones
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.
“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).
Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries
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.
First, corporate buyers of cobalt should acknowledge that ASM is an integral component of cobalt mining in the DRC. They need both to accept their own share of responsibility for addressing the challenges and play a role in developing enforceable safety and labor standards.
Africa has a wealth of critical battery raw materials and is in a position to use these to attract more value-add in downstream processing and manufacturing.”
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