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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

JULY 4, 2020

The shift to electric mobility is in line with ongoing efforts to reduce the world’s dependence on fossil fuels, and reduce harmful greenhouse gas emissions responsible for climate change. For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC).

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Battery Batteries Production Zambia 545
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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

JANUARY 10, 2024

The low prices are making it harder for mine builders to raise money from more traditional sources as well, at a time when the industry is also grappling with rampant inflation driving up the cost to build new projects. Building new mines takes years and sometimes decades, and stalled projects can often be hard to restart.

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