Financing of Electric Battery Project -DRC 1 Battery Metals Cobalt Lithium Mining in DRC 

Financing of Electric Battery Project -DRC

Antoinette N’SAMBA KALAMBAYI is expected today Wednesday in Haut Katanga. The Head of State will launch the Center of Excellence specialized in training and research in battery chemistry and technology. Indeed, the Democratic Republic of Congo (DRC) aims to become a world leader in the production of electric car batteries, this is what emerged from the statement made by Congolese officials at the opening of the “DRC AFRICA BUSINESS FORUM ” forum organized last year in Kinshasa. The Congolese authorities have, on occasion, highlighted the large deposits of lithium and… Read More Here
Electric vehicle growth outpaces installation of battery chargers 2 Battery Metals International 

Electric vehicle growth outpaces installation of battery chargers

As electric vehicle sales take off, the number of those EVs on the road is growing faster than the number of public charging points to support them. That’s one of the high-level conclusions from an in-depth study on the state of public charging infrastructure that my BNEF colleague Ryan Fisher published recently. The number of EVs on the road per public charging point globally rose to 9.2 at the end of last year, from 7.4 at the end of 2020. That’s not surprising. Last year was a breakout year for plug-in vehicle… Read More Here
Tesla may start mining lithium as Musk cites battery metal cost 3 Battery Metals International Lithium 

Tesla may start mining lithium as Musk cites battery metal cost

Nearly two years after Tesla Inc. outlined a plan to dig for lithium, its chief Elon Musk signaled that the electric car giant might start doing so, due to skyrocketing cost of the metal key to battery technology. Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve. There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow.— Elon Musk (@elonmusk) April 8, 2022 Lithium has joined… Read More Here
DRC: CES President Jean-Pierre Kiwakana calls on government to implement the project to create electric battery manufacturing plants at local level 4 Battery Metals Mining in DRC 

DRC: CES President Jean-Pierre Kiwakana calls on government to implement the project to create electric battery manufacturing plants at local level

The Economic and Social Council (CES) proceeded on Friday, April 1st at the People’s Palace to the solemn opening of its April session. On this occasion, the president of this institution of the Republic Jean-Pierre Kiwakana reviewed all the major challenges facing the country before proposing ways of solution.  Speaking of the DRC, which is increasingly positioning itself as a “solution country” in the ecological and energy transition and which rightly gives itself the ambition of being the world leader in the production of electric batteries and, therefore, a major player… Read More Here
The DRC Battery Council: Building the sustainable battery supply chain of tomorrow 5 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 6 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 7 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 8 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 9 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 10 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

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