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IRENA: diversifying critical material supply chains minimizes geopolitical risks

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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.

Supplies 195
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UN report highlights urgent need to tackle impact of EV battery production boom

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For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). In Chile, lithium mining uses nearly 65% of the water in the country’s Salar de Atamaca region—one of the driest desert areas in the world—to pump out brines from drilled wells.

Batteries 545
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Benchmark: Indonesia could become major cobalt producer; forecasts 30x boost

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This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo. These fines are mixed with water to create a slurry which is then preheated. Indonesia’s nickel and cobalt are key components in global lithium ion battery supply chains.

Indonesia 236
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BMW Group commissions study on sustainable lithium extraction

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The BMW Group has commissioned two US universities to conduct a scientific analysis of water consumption in the lithium extraction process. 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.

BMW 199
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Nature editorial: environmental and human costs of Li-ion technology must be addressed quickly

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Extracting the raw materials, mainly lithium and cobalt, requires large quantities of energy and water. The Democratic Republic of the Congo (DRC) supplies about 70% of cobalt. But this increase is not itself cost-free … Lithium-ion technology has downsides—for people and the planet.

Li-ion 199
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Jervois to acquire SMP nickel & cobalt refinery in Brazil; concentrate from Idaho for refining, cobalt metal back to US

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Jervois intends to be capable of supplying refined nickel and cobalt products to customers across a range of industries including specialty stainless steels, nickel and cobalt superalloys, cathode precursor, lithium-ion battery and electric vehicles manufacturers. Jervois has not included this conversion into its current development plans.

Idaho 259
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Could Sucking Up the Seafloor Solve Battery Shortage?

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The supply of metals like cobalt, copper, lithium, and nickel needed for batteries is already shaky , and soaring demand for the hundreds of millions of batteries in the coming decades is likely to trigger shortage and high prices. China processes about 80 percent of battery raw materials, creating a chokehold on global supplies.

Batteries 133