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

Green Car Congress

Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year. Expand access to financing. Successful capture and flare gas utilization could potentially triple per capita electricity consumption for this nation of 155 million people.

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

Musk laughs a bit, adding that building factories is pretty hard. In Tesla land, it takes longer to build the factory than to reach high volume production,” Musk said. The CEO also adds that Tesla’s finances should be even better, especially as FSD matures. “The ‘Model 2’ is not a car,” Elon said. Credit: Tesla/YouTube.

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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). In the DRC, this would mean building processing plants and refineries that would add value and, potentially, jobs within the country.

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

Green Car Congress

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.

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

Green Car Congress

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.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

The low prices are making it harder for mine builders to raise money from more traditional sources as well, at a time when the industry is also grappling with rampant inflation driving up the cost to build new projects. Building new mines takes years and sometimes decades, and stalled projects can often be hard to restart.

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Ford, Huayou Cobalt, IBM, LG Chem, RCS Global launch blockchain pilot to address concerns in strategic mineral supply chains; cobalt to start

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For this pilot based on a simulated sourcing scenario, Cobalt produced at Huayou’s industrial mine site in the Democratic Republic of Congo (DRC) will be traced through the supply chain as it travels from mine and smelter to LG Chem’s cathode plant and battery plant in South Korea, and finally into a Ford plant in the United States.

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