BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt
Green Car Congress
NOVEMBER 29, 2021
—James Frith, head of energy storage at BNEF. 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. The DRC produces about 70% of global cobalt but captures just 3% of the battery and electric vehicle value chain.
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