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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. Cobalt is a key component in the production of batteries for the automotive and electronics industries.

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Study finds cobalt supply can meet demand for EVs and electronics batteries through 2030

Green Car Congress

Roughly 60% of mined cobalt is sourced from the Democratic Republic of Congo (DRC). Demand for these vehicles and their batteries is growing swiftly: In 2018, the global electric car fleet numbered in excess of 5.1 The paper is published in the ACS journal Environmental Science & Technology.

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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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Eurasian Resources Group plans NCM material plant for EV batteries

Green Car Congress

Our vision for a green economy is at the core of our continued commitment to supply the most critical materials for the global battery sector and we are leading industry efforts to ensure the sustainable, traceable cobalt sourcing in supply chains across Europe, North America, South Korea and Japan.

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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

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IHS Markit: battery recycling industry poised for substantial growth as number of batteries reaching their end of life to increase seven-fold by 2030

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A multitude of supply, demand, cost and sustainability conditions are poised to drive a rapid expansion of the battery recycling industry, more than tripling its capacity by 2030, according to a new analysis by IHS Markit. Large waves of end-of-life batteries are set to begin this year, creating a sizeable repository of recyclable material.

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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

Green Car Congress

Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co., for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC).

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