Congo Republic salt batteries

Can the Democratic Republic of the Congo produce lithium-ion battery cathode precursor materials?

London and Kinshasa, November 24, 2021 – 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.

How much cobalt does the DRC produce?

“The DRC produces about 70 per cent of global cobalt but captures just 3 percent of the battery and electric vehicle value chain.

Does the DRC have a 'clean' cobalt supply chain?

Kara, a fellow at Harvard's T.H. Chan School of Public Health and at the Kennedy School, has been researching modern-day slavery, human trafficking and child labor for two decades. He says that although the DRC has more cobalt reserves than the rest of the planet combined, there's no such thing as a "clean" supply chain of cobalt from the country.

Is Africa a good place to buy a battery?

Africa has a wealth of critical battery raw materials and is in a position to use these to attract more value-add in downstream processing and manufacturing.”

How can Africa extend its access to the battery industry?

In so doing, the country and the rest of Africa can extend their access from the USD271 billion battery precursor segment to the more lucrative USD1.4 trillion combined battery cell production and cell assembly segments of the battery minerals global value chain.

How much would a DRC plant cost?

This is three times cheaper than what a similar plant in the U.S. would cost. A similar plant in China and Poland would cost an estimated $112 million and $65 million, respectively. Precursor material produced at plants in the DRC could be cost competitive with material produced in China and Poland but with a lower environmental footprint.