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BHP investing US$40M in Kabanga Nickel, US$10 in Lifezone; 2nd tranche of $50M slated for Kabanga

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BHP, a world leading resources company, has invested US$40 million into Kabanga Nickel in Tanzania. Lifezone hydromet is more cost-efficient than smelting, has a significantly lower environmental impact, and will ensure that finished Class 1 battery-grade nickel, copper and cobalt will be produced in Tanzania, Kabanga Nickel said.

Tanzania 243
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Imperium3 New York produces its first full-sized prismatic cells

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The first cells were produced using manual settings to refine the product design for future automated production. In the US, iM3NY is part of the supply chain for the Department of Defense and is supporting the electrification of several large US corporations. iM3NY product roadmap.

New York 468
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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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).

Africa 221
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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In the period up to 2030, the energy supply infrastructure worldwide will require a total investment of US$26 trillion, with about half of that in developing countries. The IDB Group is composed of the Inter-American Development Bank, the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).