Green Car Congress

FEBRUARY 14, 2014

miles) offshore Congo. Eni has been present in Congo since 1968 and today has an equity production of 105,000 barrels of oil per day in the country. Eni has been present in Congo since 1968 and today has an equity production of 105,000 barrels of oil per day in the country.

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Baua Electric

JANUARY 27, 2024

New Delhi: The Democratic Republic of Congo and its Chinese investors have reached an agreement over their Sicomines copper and cobalt joint venture, they said in a statement on Saturday, with the Chinese investing up to USD 7 billion in infrastructure projects. of royalties annually to Congo , the statement said.

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Cars That Think

DECEMBER 21, 2021

Last March, BMW and Volvo joined other companies calling for a moratorium on deep-sea mining , one spearheaded by the World Wildlife Fund. This simmering controversy will no doubt reach the boiling point in 2022, when the Metals Company begins testing a system for collecting metal-rich nodules from the ocean floor.

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Green Car Congress

NOVEMBER 21, 2020

Volkswagen says that it is actively engaging in improving artisanal cobalt mining conditions in the Democratic Republic of Congo (DRC) as well as the living conditions for people in the surrounding communities. Cobalt is an important raw material for the production of electric vehicle batteries.

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Green Car Congress

NOVEMBER 30, 2022

The Congo is advancing its position as a leading African oil producer and we are looking forward to renewing and cementing our partnership with our neighbor Equatorial Guinea, one of the leading oil and gas producers in the region, to fully leverage our hydrocarbon resources, stimulate production and bring energy security to the country.

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Green Car Congress

NOVEMBER 29, 2018

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. The world’s largest known reserves of this raw material are found in the Democratic Republic of the Congo.

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Green Car Congress

JULY 13, 2023

Source: Geopolitics of the Energy Transition: Critical Materials While the dependency and supply dynamics fundamentally differ from fossil fuels, mining and processing of critical materials is geographically concentrated, with a few countries and few major companies playing a dominant role.

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Green Car Congress

AUGUST 11, 2023

The lower prices will put increasing pressure on the margins of recycling companies, which are selling material into a falling lithium market. That has put pressure on margins of recycling companies in China. Process scrap is more expensive than end-of-life scrap because of the higher chemical content of valuable metals.

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Green Car Congress

MAY 30, 2021

Fastmarkets reported that the Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrate.

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Green Car Congress

SEPTEMBER 10, 2023

Tantalex Lithium Resources, a Canada-based exploration and development stage mining company, received and executed a term sheet from Glencore International AG for a marketing offtake agreement for the lithium to be produced from its Manono Lithium Tailings Project in the Democratic Republic of Congo (DRC).

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Green Car Congress

NOVEMBER 24, 2021

The FCA is a multi-stakeholder action platform committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo, creating and diversifying sustainable livelihoods for surrounding communities. The FREYR Supplier Code of Conduct sets the company’s sustainability expectations to its suppliers.

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Green Car Congress

JUNE 23, 2021

Ford is working with its international nonprofit and grantmaking partners to support and promote a pilot program that will empower women working in the copper and cobalt supply chains in the Democratic Republic of Congo (DRC). The Democratic Republic of Congo, a leader producer of cobalt, exported approximately 70% of global demand in 2020.

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Teslarati

NOVEMBER 23, 2023

Cobalt is primarily produced in the Democratic Republic of Congo, where there is a notable risk of supply chain disruption and exploitation of workers is quite commonplace. Tesla is one of the world’s largest players in the EV sector, and the company is a key customer of global suppliers.

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Green Car Congress

NOVEMBER 25, 2020

Our mission is therefore as much in a perspective of the defence of our most vulnerable communities, as in the affirmation of the central positioning of the Democratic Republic of Congo, which has 70 percent of the world reserves of this strategic mineral. —Andrew Britton, Managing Director at Kumi.

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Green Car Congress

DECEMBER 18, 2020

Both BMW Group and BASF SE are already working successfully together with other partners in the “Cobalt for Development” project in the Democratic Republic of the Congo. This rating is designed to provide companies with better guidance on sustainable lithium extraction in Latin America. BASF SE is contributing to finance the study.

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Green Car Congress

APRIL 2, 2021

for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). The Manono Project is owned by AVZ (60%), La Congolaise d’Exploitation Minière SA (30%) (Cominiere, a State-owned enterprise) and Dathomir Mining Resources SARL (10%) (Dathomir, a privately owned company).

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Green Car Congress

MAY 21, 2021

Major metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore, in collaboration with battery material supplier Umicore, are piloting Re|Source , a solution to trace responsibly produced cobalt from the mine to the electric car. A global EV pioneer and one of the world’s leading battery makers are also part of the pilot.

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Baua Electric

JANUARY 4, 2024

The company expects further increases in both copper and cobalt output this year, with higher production by its Tenke Fungurume and Kisanfu mines in the DRC. That could make the company the world’s No.1 CMOC is among the Chinese-owned companies aggressively expanding cobalt mining in the Democratic Republic of Congo (DRC).

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Green Car Congress

AUGUST 16, 2021

billion to expand production capacity of its Tenke Fungurume mine (TFM) in the Democratic Republic of Congo (DRC). In July, the company started trial production from a 10k expansion at another site in the mine. China Molybdenum (CMOC) will invest US$2.51 Earlier post.). Mtpy for oxidized ores and 9.1 Mtpy for mixed ores.

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Green Car Congress

MAY 22, 2021

Glencore, one of the world’s leading producers of cobalt, produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada. The Benchmark webinar was part of the Cobalt Institute Conference on 19 May 2021.

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Green Car Congress

APRIL 1, 2023

The company also views not mining ICO at current prices is consistent with US Government critical mineral policy objectives.

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Green Car Congress

FEBRUARY 11, 2021

The Democratic Republic of Congo (DRC) is expected to be the source for approximately 69% of mined cobalt in 2020—i.e., a significant quantity of the world’s supply originates from areas ranking poorly in terms of corruption and working conditions, notes critical materials supply chain intelligence company Roskill.

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Green Car Congress

NOVEMBER 29, 2021

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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Green Car Congress

OCTOBER 27, 2017

The challenge facing companies that work with cobalt as a raw material is that risks related to environmental standards and human rights cannot be completely eliminated in cobalt mining. The study is specifically evaluating whether local model projects could be implemented with the potential for scalability at a later date.

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Green Car Congress

NOVEMBER 13, 2020

Respect and protection of human rights and of the environment, all the way from the mine to the finished product, are decisive in this respect, the company said. Responsibly mined and processed raw materials provide the foundation for a sustainable Mercedes-Benz electric vehicle fleet.

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Mercedes Batteries Battery Supplies 377

Green Car Congress

MAY 27, 2022

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. Glencore also admitted to bribery of officials in Brazil and Venezuela.

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Green Car Congress

APRIL 16, 2020

The supply chain is complex and subject to a number of potential bottlenecks where few countries or companies are responsible for dominant shares of production. Certain risks are, however, particularly connected with mining for minerals used in EV batteries.

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Green Car Congress

JULY 2, 2021

The Democratic Republic of the Congo (DRC) supplies about 70% of cobalt. The European Union, for example, requires companies to collect batteries at the end of their life and either repurpose them or dismantle them for recycling. Around 90% of the DRC’s cobalt comes from its industrial mines (90,000 tonnes annually).The

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Green Car Congress

AUGUST 6, 2018

The transactional flow of Mintrax is based on COBC’s operational experience trading certified-conflict-free metals in the Democratic Republic of the Congo (DRC) and work with due-diligence program design firm BetterChain, as well as DLT’s deep-bench supply chain and logistics experience with IBM’s Hyperledger Fabric blockchain.

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Teslarati

MAY 28, 2021

The minerals must be “DRC Conflict Free,” meaning that the materials do not benefit “armed groups in the Democratic Republic of the Congo, or any adjoining country.” Establish Strong Company Management Systems. The Democratic Republic of the Congo. Cassiterite (Tin). Wolframite (Tungsten).

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Teslarati

APRIL 25, 2023

According to Tesla’s 2022 Impact Report, one of its primary sources of cobalt is, as defined by the United Nations, the poorest country on Earth, the Democratic Republic of the Congo. The automaker achieves this through its founding membership of the Fair Cobalt Alliance, dedicated to improving cobalt mining practices globally.

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Teslarati

OCTOBER 30, 2022

Talks between the company continued until March 2022. Tesla planned to buy a minority equity stake of 10% to 20% in Glencore but the two companies were not able to reach a deal. The Swiss mining giant is the world’s largest trading house and producer of cobalt in the Democratic Republic of Congo (DRC), Australia, and Canada.

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Teslarati

MAY 22, 2023

The proposal was brought forward by the Investor Advocates for Social Justice (IASJ) , whose representative, Courtney Wicks, spoke of child labor in the Democratic Republic of the Congo (DRC) and forced labor among Uyghurs in China.

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Teslarati

MAY 25, 2022

billion in fines to “resolve the government’s investigations” into illegal acts committed by the Switzerland-based companies. million in payments to be made to intermediary companies in West Africa. ” Glencore admitted that, in the Democratic Republic of the Congo, it offered to pay $27.5

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Cars That Think

SEPTEMBER 13, 2021

Some companies want to harvest metallic treasures from the sea. The Metals Company (previously DeepGreen Metals) in Vancouver expects to be the first to commercially produce metals from these nodules by 2024. Texas is top of The Metals Company's list for the processing plant given the state's ports and access to cheap renewables. "We

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Green Car Congress

NOVEMBER 6, 2019

Built on the IBM Blockchain Platform and assured by RCS Global Group, RSBN will have continued participation from founding members including Ford Motor Company, Volkswagen Group, LG Chem and Huayou Cobalt. Volvo Cars will be the first company in the consortium to fully apply the RSBN solution in its LG Chem supply chain from spring 2020.

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Teslarati

MAY 6, 2022

Tesla has released its 2021 Impact Report, and it revealed that the company is making huge strides in its efforts to help accelerate the world’s shift to sustainable energy. Tesla’s website focused on four notable portions of its 2021 Impact Report, namely the company’s people, environment, supply chain, and products.

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