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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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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).

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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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In the period up to 2030, the energy supply infrastructure worldwide will require a total investment of US$26 trillion, with about half of that in developing countries. Although they are expanding, licensing markets are still underdeveloped, compared to their potential. According to the IEA, global energy demand will grow 55% by 2030.