Which battery is suitable for new energy in the Republic of Congo

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Battery production in the DRC could be gamechanger

The Democratic Republic of the Congo could leverage its abundant cobalt resources and hydroelectric power to become a low-cost, low-emissions producer of lithium-ion battery cathode precursor materials.

6 Frequently Asked Questions about “Which battery is suitable for new energy in the Republic of Congo ”

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.

Why does the DRC rely on hydroelectric power plants?

This is due to the DRC's proximity to cathode raw materials and heavy reliance on hydroelectric power plants.

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.

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.

Why is the DRC a cost competitive country?

“The DRC's cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the U.S., Poland and China,” said Kwasi Ampofo, lead author of the report and BNEF's head of metals and mining.

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