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US releases signed MOU with Congo and Zambia to strengthen EV battery value chain

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Through this MOU, the United States will support the commitment between the Democratic Republic of Congo (DRC) and Zambia to develop jointly a supply chain for electric vehicle batteries. Zambia is the world’s sixth-largest copper producer, and the second largest cobalt producer in Africa.

Zambia 210
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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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If they have local demand for batteries cell manufacturers will move to the region to be close to their customers, particularly in the automotive industry. The DRC can truly become the regional and global center of gravity for the production of precursor materials for batteries to drive the fourth industrial revolution. Adesina.

Africa 221