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. The project is being implemented by GIZ and financed by BASF, BMW Group, Google, Samsung Electronics, Samsung SDI and Volkswagen.

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Congo Legal Google Financing 334

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). —James Frith, head of energy storage at BNEF.

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Africa Supplies Emissions Poland 221

Green Car Congress

OCTOBER 29, 2022

This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo. Although there was scepticism over these projects initially, financing from China has helped them be a success, Benchmark says. Indonesia’s nickel and cobalt are key components in global lithium ion battery supply chains.

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Indonesia Cuba Congo Lithium Ion 236

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. This fully privately financed project seeks to pilot an approach to address challenges in artisanal mining.

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Congo BMW Industrial Industry 236

Baua Electric

JANUARY 10, 2024

last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.

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Price Auto Batteries Battery 52

Green Car Congress

JANUARY 16, 2019

Ford Motor Company, Huayou Cobalt, IBM, LG Chem and RCS Global will use blockchain technology to trace and validate ethically sourced minerals in an effort to support human rights and environmental protection while helping infuse more transparency into global mineral supply chains.

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Supplies Global Ford Financing 186