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Volkswagen joins “Cobalt for Development” initiative

Green Car Congress

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 system developed by RCS Global tracks raw materials back to sub-suppliers, refineries, smelters, mines and recyclers.

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GlobalData: Global lithium production to triple over the next four years

Green Car Congress

per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

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BMW Group, BASF SE, Samsung SDI and Samsung Electronics launch cross-industry project to support sustainable cobalt mining

Green Car Congress

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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EV affordability threatened by cobalt prices: Did the US let resource control lapse over oil?

Green Car Reports

Just as the Middle East has been a strategic center in global oil politics, the Democratic Republic of Congo has become the epicenter for the raw materials needed for electric vehicles—especially cobalt.

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DRC bans export of cobalt, copper concentrates

Green Car Congress

Fastmarkets reported that the Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrate. The DRC exported around 50kt of gross weight Co concentrate to China in 2020 (96% of global exports).

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Zhang et al.

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“Cobalt for Development” project started trainings for mining cooperatives in DRC

Green Car Congress

The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo (DR Congo). —WEF, “Making Mining Safe and Fair: Artisanal cobalt extraction in the Democratic Republic of the Congo”.

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