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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). Source: BNEF.
Huayou has said it would explore production of battery-grade lithium in Zimbabwe “only when the construction and economic conditions are right” Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday.
In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. billion) into a financing facility to support exports. while the other was owned by Chinese battery producer Contemporary Amperex Technology Co.
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