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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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Capital cost to build a 10k metric-ton battery precursor plant. The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. This is three times cheaper than what a similar plant in the US would cost. Source: BNEF.

Africa 221
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Unfortunately, this conference focused primarily on setting a cap on carbon emissions and providing financial aid to developing countries to build capacities to adapt to the negative impacts of climate change. The most important environmental summit in the history of the world has concluded in Copenhagen. Asian Development Bank.