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Recommendations on how to complete the numerous global and domesticate systems engineering efforts across multiple industries required to carry out such policies in such a short time frame is conspicuously absent from LLNL’s report, however. You cannot change the sources from Congo, China and other places within two to three years.”
Thanks to the “Buy American” requirements of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), and similar provisions in the EU’s new Battery Directive, traceability is becoming a critical function in the EV industry. Traceability is a topic we’re beginning to hear a lot about in the EV industry.
Ford is working with its international nonprofit and grantmaking partners to support and promote a pilot program that will empower women working in the copper and cobalt supply chains in the Democratic Republic of Congo (DRC). The Democratic Republic of Congo, a leader producer of cobalt, exported approximately 70% of global demand in 2020.
The Democratic Republic of Congo (DRC) accounts for approximately 70% of the world’s cobalt mine production and holds almost 50% of the world’s known reserves. The mining industry as a whole is also being held more accountable globally and parts of the global autoindustry are now focusing intently on ethical sourcing.
A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to reverberate through the industry for years. Battery metals have been a bright spot for the mining industry in recent years.
The Democratic Republic of Congo (DRC) accounts for approximately 70% of the world’s cobalt mine production and holds almost 50% of the world’s known reserves. The mining industry as a whole is also being held more accountable globally and parts of the global autoindustry are now focusing intently on ethical sourcing.
Traceability is becoming a critical function in the EV industry, thanks to the “Buy American” requirements of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), and similar provisions in the EU’s new Battery Directive. Sustainability is another issue driving the increasing importance of traceability in our industry.
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