Green Car Congress
JULY 4, 2020
For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). However, for various reasons (including limited infrastructure, financing and a lack of appropriate policies), refining takes place in other countries, mainly Belgium, China, Finland, Norway and Zambia, which reap the economic benefit.
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.
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. The HPAL process utilizes elevated temperatures (roughly 255 ?
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.
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.
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.
Green Car Congress
JANUARY 16, 2019
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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