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DRC bans export of cobalt, copper concentrates

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Fastmarkets reported that the Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrate. With copper and cobalt revenues contributing so much to DRC GDP and local economies, it is highly unlikely that any ban will stick, Roskill said, adding that further changes to royalty rates are more likely.

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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.

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Eurasian Resources Group plans NCM material plant for EV batteries

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Our vision for a green economy is at the core of our continued commitment to supply the most critical materials for the global battery sector and we are leading industry efforts to ensure the sustainable, traceable cobalt sourcing in supply chains across Europe, North America, South Korea and Japan.

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Mexico forms state-run company to mine lithium: Litio para Mexico

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The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources. According to the USGS, Mexico has 1.7

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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.

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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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In accordance with the principle of using leverage before withdrawing, the aim is to encourage the local economy while at the same time ensuring that higher standards in relation to the protection of human rights are established.

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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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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

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