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Mexico forms state-run company to mine lithium: Litio para Mexico

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The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year. It will help slow global warming while also saving scarce natural resources. Expand access to financing. GE Energy Flare Gas Reduction Study.

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Glencore enters offtake agreement with Tantalex Lithium

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Tantalex Lithium Resources, a Canada-based exploration and development stage mining company, received and executed a term sheet from Glencore International AG for a marketing offtake agreement for the lithium to be produced from its Manono Lithium Tailings Project in the Democratic Republic of Congo (DRC).

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

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These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.

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Volkswagen joins “Cobalt for Development” initiative

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Volkswagen says that it is actively engaging in improving artisanal cobalt mining conditions in the Democratic Republic of Congo (DRC) as well as the living conditions for people in the surrounding communities. The project is being implemented by GIZ and financed by BASF, BMW Group, Google, Samsung Electronics, Samsung SDI and Volkswagen.

Congo 334
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BMW Group, BASF SE, Samsung SDI and Samsung Electronics launch cross-industry project to support sustainable cobalt mining

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As part of a cross-industry initiative, the BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. This fully privately financed project seeks to pilot an approach to address challenges in artisanal mining.

Congo 236
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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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, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221