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Roughly 60% of mined cobalt is sourced from the Democratic Republic of Congo (DRC). Half of the current supply of cobalt is incorporated into cathodes for lithium-ion batteries, and many of those batteries are used in consumer electronics and electric vehicles. Xinkai Fu, Danielle N. Beatty, Gabrielle G. 9b04975.
Through this MOU, the United States will support the commitment between the Democratic Republic of Congo (DRC) and Zambia to develop jointly a supply chain for electric vehicle batteries. The DRC produces more than 70% of the world’s cobalt.
China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. Despite mining less than 10% of the global supply, China refines 95% of it.
Around 60% of the world’s cobalt supply comes from the mineral-rich Katanga Copper belt, in the Democratic Republic of the Congo. This field study provides novel and robust empirical evidence that the artisanal extraction of cobalt that prevails in the DR Congo may cause toxic harm to vulnerable communities. —Nkulu et al.
Glencore has entered a long-term strategic partnership for the supply of responsibly sourced cobalt with Britishvolt, a UK startup planning a Gigafactory ( earlier post ). Our commitment to support our partners in meeting their requirements for essential battery ingredients is key to underpinning long-term supply agreements.
The US Department of Energy (DOE) will award up to $30 million to support scientific research that will ensure US businesses can reliably tap into a domestic supply of critical elements and minerals—specifically rare earth elements (REE) and platinum group elements (PGE)—needed to produce clean energy technologies. (
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 Volkswagen Group is constantly pushing for greater responsibility in its raw material supply chains for batteries.
For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). However, a new report from UNCTAD warns that the raw materials used in electric car batteries are highly concentrated in a small number of countries, raising a number of concerns.
As a result, demand is expected to exceed supply already in 2020 and the EU must take steps to boost supply and curb demand without hindering the growth in electric vehicles, according to a new JRC (Joint Research Center) report. The report predicts that, under average conditions, demand will outgrow supply by 64,000 tonnes in 2030.
In 2017, Australia, Chile, and Argentina produced 91% of all lithium while the rest of the world supplied the remaining 9%. The Democratic Republic of Congo produced 59% of the world’s cobalt. Other lithium-ion battery materials, such as nickel, have a more even distribution of production throughout the world.
UC Berkeley School of Law’s Center for Law, Energy & the Environment (CLEE) and the Natural Resource Governance Institute (NRGI) are conducting a stakeholder-led research initiative focused on identifying strategies to improve sustainability and governance across the EV battery supply chain.
The Democratic Republic of Congo (DRC) is expected to be the source for approximately 69% of mined cobalt in 2020—i.e., a significant quantity of the world’s supply originates from areas ranking poorly in terms of corruption and working conditions, notes critical materials supply chain intelligence company Roskill.
The energy transition requires a massive increase in the supply of critical materials, yet supply chains remain vulnerable to a range of geopolitical risks. Supply disruptions could impact the speed of the energy transition in the short to medium term, a new report by the International Renewable Energy Agency (IRENA) warns.
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.
The US Department of Energy’s (DOE’s) Office of Energy Efficiency & Renewable Energy (EERE) announced a request for information (RFI) ( DOE-FOA-0002358 ) on challenges and opportunities in the upstream and midstream critical-materials battery supply chains. There is limited domestic production of Co and Li in the upstream supply chain.
Tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo (DRC) to downstream electric vehicle production sites, the pilot will run until the end of 2021, with the roll-out of the final solution expected in 2022.
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).
Fastmarkets reported that the Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrate. If this material was, even temporarily, removed from the supply chain, there would be knock-on effects, Roskill said.
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.
—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. It’s mainly driven by the electric vehicle market penetration and battery technology development.
The BMW Group has now set itself the goal of enhancing the transparency of its battery cell supply chain and exploring options for model projects in the Democratic Republic of Congo. The DRC Government has pledged to eliminate this by 2025. —Ursula Mathar, head of Sustainability and Environmental Protection at the BMW Group.
Supply also returned to growth in 2021, with mine supply rising 12% y/y to 160 kt, after falling in 2020. kt in 2021, 12% of the DRC’s total supply. kt in 2021, 12% of the DRC’s total supply. Primary refined supply increased 14% y/y to 144 kt.
for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co.,
China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.
The company insists on the use of strong standards for sustainability, making the industry-wide recognized “Standard for Responsible Mining” of the Initiative for Responsible Mining Assurance (IRMA) one of the key criteria for supplier decisions and supplier contracts within raw material supply chains.
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.
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). The prevalence of artisanal and small-scale mining (ASM) in the cobalt supply chain creates challenges for establishing responsible sourcing practices.
Under the supply terms, EGC will ensure that the ore marketed by Trafigura complies with OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. We welcome this announcement and are excited at the prospect of supporting Trafigura’s agreement with EGC.
Glencore, one of the world’s leading producers of cobalt, produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada. The Benchmark webinar was part of the Cobalt Institute Conference on 19 May 2021.
The Cobalt Institute commissioned Roskill to look at the global trends in cobalt consumption, supply and production in 2020. The Democratic Republic of the Congo (DRC) remained the largest source of cobalt supply, accounting for 66% of the global mine supply.
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.,
First announced in June 2022, the MSP is a new multilateral initiative to bolster critical mineral supply chains essential for the clean energy transition. Additional minerals-rich countries in attendance included Argentina, Brazil, the Democratic Republic of the Congo, Mongolia, Mozambique, Namibia, Tanzania, and Zambia.
Ford is working with its international nonprofit and grantmaking partners to support and promote a pilot program that will empower women working in the copper and cobalt supply chains in the Democratic Republic of Congo (DRC). —Sue Slaughter, purchasing material cost and supply chain sustainability director.
China Molybdenum (CMOC) , a leading cobalt and copper producer, recently started trial production from its 10k expansion project at the Tenke Fungurume Mine (TFM) in the Democratic Republic of Congo (DRC). TFM mainly produces copper cathode and cobalt hydroxide. In 2020, TFM produced 182,597 tonnes of copper and 15,436 tonnes of cobalt.
This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo. Indonesia’s nickel and cobalt are key components in global lithium ion battery supply chains. The HPAL process utilizes elevated temperatures (roughly 255 ?
Re|Source, a solution to trace responsibly produced cobalt from the mine to the electric vehicle ( earlier post ), acknowledged the progress made by Tesla in implementing the pilot project across its supply chain. The final pilot across the entire Tesla supply chain is expected to take place in Q4 this year.
finalized a joint venture agreement to commercialize Mintrax, a fully-functional blockchain platform providing secure and transparent methods for tracking the provenance of metals and minerals through the entire mining supply chain from source to end-user. (COBC) and DLT Labs Inc.
The FCA is a multi-stakeholder action platform committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo, creating and diversifying sustainable livelihoods for surrounding communities.
After moderate growth in lithium supply between 2010 and 2017 of 6.4% million tons; Congo (Kinshasa), Russia, and Serbia, 1 million tons each; Czechia, 840,000 tons; Zimbabwe, 500,000 tons; Spain, 400,000 tons; Mali, 200,000 tons; Brazil and Mexico, 180,000 tons each; Portugal, 100,000 tons; and Austria, 50,000 tons.
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. Recycled materials currently make up a small proportion of the battery supply chain.
Both BMW Group and BASF SE are already working successfully together with other partners in the “Cobalt for Development” project in the Democratic Republic of the Congo. The BMW Group is sourcing lithium for its fifth-generation high-voltage batteries itself and making it available to its battery cell supply chains.
Cobalt is one of the most significant supply chain risks threatening widespread adoption of electric cars, trucks and other electronic devices requiring batteries, according to the paper’s authors.
Roughly 62 percent global cobalt output is found in the Democratic Republic of Congo. An executive from Ford said recently that automakers might feel compelled to invest directly in cobalt production over fears of securing adequate supply. “I But cobalt looms as a larger concern for some automakers.
billion to expand production capacity of its Tenke Fungurume mine (TFM) in the Democratic Republic of Congo (DRC). China Molybdenum (CMOC) will invest US$2.51 In July, the company started trial production from a 10k expansion at another site in the mine. Earlier post.). Mtpy for oxidized ores and 9.1 Mtpy for mixed ores.
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