Republic of Congo has liquid-cooled energy storage battery prices

Can the Democratic Republic of the Congo produce lithium-ion battery cathode precursor materials?

London and Kinshasa, November 24, 2021 – 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.

Is DRC a good destination for sustainable battery manufacturing?

Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries

Should lithium-ion batteries be expanded to DRC and Africa?

“As substantiated by the BloombergNEF report, the prospect of the expanding the value chain of development of lithium-ion batteries and electric vehicles value chains to DRC and Africa is both financially and environmentally appealing,” commented Dr. Sidi Ould Tah, Director General of the Arab Bank for Economic Development in Africa (BADEA).

How does the DRC influence the global battery supply chain?

Mining policy decisions made by politicians in the DRC’s capital Kinshasa or mining regions like Kolwezi are felt throughout global battery supply chains. For instance, as the producer of 70% of the world’s cobalt, the DRC has influence over the global electric vehicle battery supply chain.

Does the Democratic Republic of the Congo influence the cobalt market?

The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed as a victim of exploitation by China, the US and Europe in their competition for its minerals, which are critical for the energy transition. But our research has found that the DRC can influence the shape of the cobalt market, in which it is the single largest producer.

How much cobalt does the DRC produce?

“The DRC produces about 70 per cent of global cobalt but captures just 3 percent of the battery and electric vehicle value chain.