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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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Automakers in Europe can lower their emissions by shortening the transport distance and capitalizing on the DRC’s hydroelectric powered grid and proximity to raw materials. This is three times cheaper than what a similar plant in the US would cost. —Kwasi Ampofo, lead author of the report and BNEF’s head of metals and mining.

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