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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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—Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. It’s mainly driven by the electric vehicle market penetration and battery technology development. Resources Chunbo Zhang et al.

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Glencore and Britishvolt sign strategic partnership for long-term supply of cobalt; Glencore investment

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Glencore produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada. Glencore is one of the world’s leading producers of cobalt; in 2020, Glencore produced 27.4 kt of cobalt at its assets.

Supplies 305
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Benchmark: China dominates Li-ion battery supply chain

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Lithium is typically shipped to China for conversion to lithium carbonate or lithium hydroxide. The vast majority of cobalt is mined in the Democratic Republic of Congo (DRC); three-quarters of this is then processed by China. —Albert Li, an analyst at Benchmark.

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EGC enters trading agreement with Trafigura with the aim to transform the ASM cobalt mining sector in DRC

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For our country to benefit from the intrinsic value of cobalt, currently boosted by the development of carbon-free energies, it was essential that measures be taken to support the formalisation of this industry. We welcome this announcement and are excited at the prospect of supporting Trafigura’s agreement with EGC.

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DOE to award $30M for research to secure domestic supply chain of critical elements and minerals

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If we want to achieve a 100% carbon-free economy by 2050, we have to create our own supply of these materials, including alternatives here at home in America. At present, the US relies on imports from nations such as China and the Democratic Republic of Congo for these critical materials. —Secretary of Energy Jennifer Granholm.

Supplies 321
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FREYR Battery joins Fair Cobalt Alliance

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The FCA is a multi-stakeholder action platform committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo, creating and diversifying sustainable livelihoods for surrounding communities. We are undergoing a major energy transition, moving from fossil fuels to battery-powered technology.

Battery 186
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Mercedes-Benz to source only battery cells with cobalt & lithium from certified mining sites; significantly reducing cobalt

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The Mercedes-Benz electric offensive is a key component of its “Ambition2039” strategic focus and a prerequisite on the way to carbon neutrality. Responsibly mined and processed raw materials provide the foundation for a sustainable Mercedes-Benz electric vehicle fleet.

Mercedes 377