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Global geothermal industry passes 12,000 MW operational

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Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.

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

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In the DRC, this would mean building processing plants and refineries that would add value and, potentially, jobs within the country.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Capital cost to build a 10k metric-ton battery precursor plant. If approached correctly, African countries can capitalize on their abundant natural resources, growing demand for vehicles and rapid urbanization to build a global hub to produce electric vehicles. This is three times cheaper than what a similar plant in the US would cost.

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