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.