Congo Financing Manufacturer Supplies 
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).
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
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.
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
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
The turmoil is likely to have long-term ramifications for supply, and stands in stark contrast to the growing emphasis by governments on securing future access to critical minerals. Nickel and cobalt have also tumbled, weighed down by an influx of new production amid concerns that the shift to EVs may not be as smooth and quick as predicted.
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. Goldcorp Inc., ING Bank, Kutcho Copper Corp.,
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