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IRENA: diversifying critical material supply chains minimizes geopolitical risks

Green Car Congress

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.

Supplies 195
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BMW Group commissions study on sustainable lithium extraction

Green Car Congress

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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Mercedes-Benz to source only battery cells with cobalt & lithium from certified mining sites; significantly reducing cobalt

Green Car Congress

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. The standard is in the early stage of adoption by the industry, a process Daimler seeks to accelerate. The supply chains will in the future also be regularly monitored.

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Benchmark: Falling lithium prices weigh on black mass prices in China

Green Car Congress

defective or substandard battery cells, faulty or damaged components, excess material trimmings, or any other byproducts that do not meet the required quality standards for the final product. The lower prices will put increasing pressure on the margins of recycling companies, which are selling material into a falling lithium market.

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EV supply chain majors pilot Re|Source blockchain solution for end-to-end cobalt traceability

Green Car Congress

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.

Supplies 199
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BMW Group adopts new approaches for a more sustainable battery cell supply chain; focus on cobalt

Green Car Congress

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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Roskill: a more sustainable cobalt supply chain will require huge improvements to the safety and security of ASM workers

Green Car Congress

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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