congo

Comparison of capital cost to build precursor materials facility for NMC batteries. Image: BloombergNEF.

DRC can get better value for cobalt by processing, rather than exporting, raw materials

November 29, 2021
The Democratic Republic of Congo (DRC) supplies most of the world’s cobalt, but exporting semi-finished or finished products rather than raw materials would better help the country capture the value of the metal used in high power lithium-ion batteries.
tesla_battery_day_screenshot_sep20

Tesla Battery Day: Bigger form factor cells, massive cost reductions and elimination of cobalt use

September 23, 2020
Tesla hosted its Battery Day yesterday in California before a socially-distanced audience all sat in various electric cars from the company’s range and revealed its ambitious plans for more than halving the cost of battery production.
Image: Andy Colthorpe / Solar Media.

KORE Power argues for bankability of NMC for US utility market

October 16, 2019
KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.

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