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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Construction of a new 11,250 metric tons per annum (tpa) AAM facility is underway, with start of production scheduled for the third quarter of 2023.

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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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Automakers in Europe can lower their emissions by shortening the transport distance and capitalizing on the DRC’s hydroelectric powered grid and proximity to raw materials. The DRC can truly become the regional and global center of gravity for the production of precursor materials for batteries to drive the fourth industrial revolution.

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