Swedish battery maker Northvolt is looking to source cobalt, used to make chemicals for electric vehicle batteries, from the Democratic Republic of Congo (DRC),
READ MOREWith demand growing, mining companies including Glencore, Eurasian Natural Resources and China Molybdenum are pouring more money into the Democratic Republic of Congo, which has by far
READ MORESECRETARY BLINKEN: Well, good afternoon, everyone. I am extremely pleased to be joined by Congolese President Tshisekedi, with my friend the foreign minister as well – very good to see you – and the president of Zambia, Hichilema, with our – also my colleague here today. We have as well the minister of commerce from []
READ MORELondon 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
READ MOREDemocratic Republic of the Congo - Central Africa, Conflict, Resources: Following Mobutu''s departure, Kabila assumed the presidency and restored the country''s previous name, the Democratic Republic of the Congo. Kabila initially was able to attract foreign aid and provided some order and relief to the country''s decimated economy. He
READ MOREThe Democratic Republic of Congo (DRC)''s measures to combat money laundering and terrorist financing This report summarizes the anti-money laundering counter financing of terrorism (AML/CFT) measures in place in the Democratic Republic of Congo as at the date of the on-site visit from 13-24 August 2018. It analyses the level of
READ MORE16 March 2018 Publication. A law (the Law) amending the law No. 007/2002 dated 11 July 2002 setting out the Congolese mining code (the Code) was adopted by the Congolese Parliament on 27 January 2018 and promulgated by the President of the Democratic Republic of Congo (DRC) on 09 March 2018. Announced and delayed for many months,
READ MOREThrough 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.
READ MOREThanks to its endowment in natural resources and especially strategic minerals that are components of lithium-ion batteries, the Democratic Republic of the
READ MOREBrowse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Democratic Republic of the Congo economic outlook, debt to GDP ratio, international trade performance and population trends.. Basic Information. Government Type: Semi-presidential republic Capital City: Kinshasa
READ MOREAs part of a long-running series profiling countries with the highest greenhouse gas emissions, Carbon Brief looks at the Democratic Republic of the Congo (DRC) which, despite using hardly any fossil fuels, is one of the largest sources of emissions in Africa. By Josh Gatiss and Giuliana Viglione. Design by Joe Goodman and Kerry Cleaver.
READ MOREImpacts of performance-based financing on health system performance: evidence from the Democratic Republic of Congo BMC Med. 2023 Oct 4;21(1) :381. doi We analyze the health system impacts of the PBF program in the Democratic Republic of the Congo (DRC), one of the largest such programs introduced in LMICs to date.
READ MOREDemocratic Republic of Congo''s government said on Wednesday it would push to develop domestic battery manufacturing capacity to add value to its exports of minerals such as cobalt and copper.
READ MOREFrom cobalt miner to battery producer. Today, Congo accounts for about two-thirds of global cobalt production. The metal is exported largely unprocessed and
READ MOREBattery-powered vehicles are a promising alternative, but for the foreseeable future, they depend on cobalt, a mineral found primarily in the Democratic Republic of Congo (DRC), where child labor
READ MOREMobile Power Ltd (''MOPO''), the pay-per-use battery technology company, is pleased to announce that it has raised €3 million to accelerate the roll out its solar charged hub-based battery rental business in the Democratic Republic of the Congo (''DRC'').
READ MOREChild labor, sexual assault, birth defects, abject poverty, workers buried alive: A new exposé on artisanal cobalt mining in the Democratic Republic of the Congo lifts the curtain on a
READ MORELusaka, 29th April 2022 – Zambia and the Democratic Republic of Congo (DRC) has signed a historical cooperation agreement to facilitate the development of value chain in electric battery and clean energy sector. The Cooperation Agreement is expected to provide a framework for bilateral cooperation on the initiative to develop the battery value chain
READ MORELike diamonds of certain origins, cobalt mined from the Democratic Republic of the Congo (DRC) has been associated with the noun "blood" in news media (Kennedy 2017; Lindberg and Andersson 2019).The DRC currently provides around 70% of the global cobalt supply, partly through artisanal mining, which provides livelihood for
READ MORELusaka, 29th April 2022 – Zambia and the Democratic Republic of Congo (DRC) has signed a historical cooperation agreement to facilitate the development of value chain in
READ MOREThis fast-growing market has pressured multinational mining companies operating in the Democratic Republic of Congo, the world''s largest supplier of cobalt, to formalize artisanal mining under the banner of responsible sourcing. performance, and safety in the Congo Declares Battery Metal Cobalt ''Strategic'' in Move That Triples
READ MOREThe Democratic Republic of Congo (DRC) is the largest country in sub-Saharan Africa, by area. The country has a long history of conflict, political upheaval, and instability and has a very high poverty rate despite its abundance of natural resources. Mortality and fertility rates in DRC are among the highest in the world.
READ MORESwedish battery maker Northvolt is looking to source cobalt, used to make chemicals for electric vehicle batteries, from the Democratic Republic of Congo (DRC), the company said on Friday.
READ MOREPhone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo. Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show."
READ MORELONDON, March 7 (Reuters) - Soaring supplies of battery material cobalt from the Democratic Republic of Congo will swamp the market creating a surplus and putting prices under more pressure this
READ MORECobalt is mined all over the world, but over half of the global Co supply comes from the Democratic Republic of Congo. Besides batteries, the metal is used in magnetic steels, high-speed cutting
READ MOREto conduct a study on the production of battery precursors in the lead up to the DRC-Africa Business Forum. The objective of this study is to determine the cost of producing lithium
READ MOREDuring a 42-fold increase in China''s cobalt refinery production from 1999 through 2005, the country that historically mined most of the world''s cobalt—the Democratic Republic of the Congo (DRC)—had just begun to rise from a socioeconomic collapse and two African wars over its territory and resources () fore these crises, DRC copper–cobalt mines were
READ MOREDespite the challenges facing many African countries in 2022, the economy of the Democratic Republic of the Congo (DRC) was ranked the third fastest growing in Africa. It maintained the strong momentum of 2021 (6.2% GDP growth) and strengthened its resilience with a GDP growth rate of 8.6%, compared to 6.1% initially projected by the
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