The DRC Battery Council: Building the sustainable battery supply chain of tomorrow 1 Battery Metals Mining in DRC 

The DRC Battery Council: Building the sustainable battery supply chain of tomorrow

“The country’s mining sector currently accounts for 98% of exports, 18% of GDP and 11% of jobs. If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP tremendously,” says UN Under-Secretary-General Vera Songwe. Africa is a resource-rich continent, home to some 30% of the world’s known mineral reserves, including 40% of known gold and up to 90% of chromium and platinum reserves. For centuries, this mineral wealth has been extracted by foreign nations or companies… Read More Here
World: from zero in 2010 to 2.3 million electric vehicles in 2020, the EV market needs more cobalt 2 Battery Metals Cobalt 

World: from zero in 2010 to 2.3 million electric vehicles in 2020, the EV market needs more cobalt

The increasingly desired energy transition is an opportunity for several countries that produce cobalt, which is becoming an essential material in the manufacture of electric vehicles. Manufacturers of electric vehicle (EV) batteries (a market that has grown from virtually nothing in 2010 to producing 2.3 millionvehicles in 2020, or 3.2% of the global vehicle market) need this metal . EV sales, and therefore cobalt demand, are likely to increase significantly in the international market. According to the relatively pessimistic forecast of Bloomberg New Energy Finance (BloombergNEF), by 2025, EVs will… Read More Here
Battery electric mining vehicles can boost efficiencies, sustainability 3 Battery Metals International Mining technology 

Battery electric mining vehicles can boost efficiencies, sustainability

Battery electric vehicles (BEVs) will play a role in improving health and safety, boosting efficiencies and achieving sustainability goals, including by combining on-mine renewable energy generation with BEVs, says mining equipment company Sandvik Mining and Rock Solutions. “In countries where grid power is unreliable, this strategy also holds the promise of more streamlined and uninterrupted operations,” adds Sandvik Mining and Rock Solutions load and haul business line manager Deon Lambert. The mining industry is searching for sustainability solutions and efficiency gains and BEVs are presenting exciting opportunities, he states. “Sandvik Mining… Read More Here
Dubai Expo 2020: Julien Paluku presents the DRC as best destination in the world for electric battery industry thanks to its strategic minerals 4 Battery Metals Events & Expos Mining in DRC 

Dubai Expo 2020: Julien Paluku presents the DRC as best destination in the world for electric battery industry thanks to its strategic minerals

The Democratic Republic of Congo is represented at EXPO 2020 DUBAI by ten members of the Government and fifty economic operators working in all strategic sectors. At the Dubai Chamber of Commerce and Industry, held on Monday, March 21, Congolese representatives presented on the opportunities offered by the DRC in all areas, and this, in front of Emirati investors, interested in the potentialities abounds the DRC. In his speech, Julien Paluku, Minister of Industry, presented the DRC as the best destination in the world for the electric battery industry thanks to… Read More Here
DRC: AVZ Minerals raises USD 17.8 million for the expansion of its Manono Lithium and Tin project 5 Battery Metals Lithium Mining in DRC Tin 

DRC: AVZ Minerals raises USD 17.8 million for the expansion of its Manono Lithium and Tin project

AVZ Minerals said it has secured funding of around US$17.8 million to accelerate work on its Manono Lithium and Tin project in the province of Haut-Katanga in the Democratic Republic of Congo (DRC). According to AVZ Minerals, these funds raised will finance the initial construction of the mine and the continuation of the exploration program at Manono. Of the total expenditures to be incurred during the current fiscal year, AVZ Manono expects an envelope of approximately 13.5 million USD for the upgrading of existing roads and bridges to help transport… Read More Here
DRC-Zambia: towards the realization of the joint project to manufacture electric batteries from local raw materials 6 Battery Metals Mining in DRC Mining in Zambia 

DRC-Zambia: towards the realization of the joint project to manufacture electric batteries from local raw materials

As part of the cooperation agreement on the establishment of a value chain on the manufacture of batteries and clean energies in the very next few days, between the Congolese President Félix Antoine TSHISEKEDI TSHILOMBO and his Zambian counterpart Hakande HICHILEMA, the Minister of Finance, Nicolas KAZADI, took an active part in a meeting in LUSAKA in Zambia at the Presidential Palace, on Wednesday March 09, 2022. For this mission, the Minister of Finance was accompanied by the Special Advisor to the Head of State in charge of Investments as… Read More Here
A century after tin, lithium makes Manono dream in DRC 7 New Mining Projects Battery Metals Mining in DRC 

A century after tin, lithium makes Manono dream in DRC

Near the rusting carcass of the old tin smelter, men and women, barefoot, search the ground for cassiterite, while hoping for the rebirth of their town of Manono, in DR Congo, thanks to the large deposit of lithium discovered at the gates of the old mining town. A little further on, the “diggers” bring their harvest to the Lukushi river where women, in the water from morning to evening, wash in zinc basins the gravel from which will emerge the small black pebbles of tin ore, whose they hope to… Read More Here
Electric vehicle battery demand surge supercharges nickel 8 Battery Metals International Nickel 

Electric vehicle battery demand surge supercharges nickel

Nickel rose to its highest level in more than a decade on Monday morning. London Metal Exchange (LME) three-month nickel has broken through January’s high of $24,435 per tonne to reach $24,610, a level last traded in 2011. Time-spreads remain in the grip of a ferocious squeeze, the cash premium closing last week valued at $465 per tonne. The huge incentive for LME delivery has drawn some metal into exchange warehouses but not enough to halt the running downtrend. The possibility of sanctions on Russia, which accounts for about 7% of… Read More Here
Lithium battery manufacturers race to develop low-emission heavy equipment for mining 9 Battery Metals Lithium 

Lithium battery manufacturers race to develop low-emission heavy equipment for mining

The mining industry globally is expanding, which makes getting to net zero emissions in the next decade unlikely at best. But one small company in Newcastle is hoping to make a difference by developing big battery systems for heavy equipment. Heavy vehicle battery manufacturer 3ME says the appetite for a low-emissions mining industry is high. The fledgling company, which started with just three staff in 2018 and has 55 today, is looking to grow with recent investments and federal grants combining to nearly $25 million. The company produces a lithium-ion battery system, made up of a series of… Read More Here
WORLD: the sale of electric cars doubles in 2021 to reach 6.6 million pieces sold against 3 million in 2020 (IEA) 10 Battery Metals Cobalt International 

WORLD: the sale of electric cars doubles in 2021 to reach 6.6 million pieces sold against 3 million in 2020 (IEA)

Data from the International Energy Agency (IEA) released at the end of January 2022 indicated that automakers sold 6.6 million electric cars in 2021 compared to 3 million the previous year, double the sale of the latter. The uptrend is set to continue into 2022 and beyond as one auto industry giant after another announces multi-year plans to go all-electric. This table reflects the start of the electric vehicle boom announced several years ago. Also, a business opportunity in the Democratic Republic of Congo (DRC) because of its potential in mining… Read More Here

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