The African country aims to process its own raw materials rather than simply exporting them. To succeed, the country needs roads, electricity and skilled workers.
In November 2021, the heads of state of the two countries signaled their intention to process the raw materials locally. As a first step, they want to set up a special economic zone where the raw material is turned into preliminary products for the battery supply chain.
"The DRC has set a goal to become one of the world's largest battery producers around 2030 or 2040," he says. At the conference, there is also talk of Congo as a future producer of e-cars. "But at this stage, demand also has to be taken into account. If the products don't find buyers, then the country doesn't benefit either." It pays currently to produce cobalt hydroxde, a powder that's easy to transport, Kaninda added., nickel and manganese are also required for the production of basic batteries. And the primary product that Congo has in mind already contains all of these raw materials.
According to a publication by the institute, building a plant in Congo to produce the precursor for a battery could cost only a third of an equivalent plant in China or the US. Compared to Poland, the cost is just under two-thirds. A pre-feasibility study for the project has been commissioned.Jean Pierre Okenda sees many open questions. A feasibility study and raw materials in the country alone are not enough, he says.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Record number of children attacked and killed in DR Congo: UNThe number of 'grave violations against children' in the conflict-racked country is estimated to be more than 1,700 for the first half of 2023, said UNICEF, the UN children's agency - which marks a 41% increase on the same period last year.
Read more »
Congo ruling coalition backs Tshisekedi for December voteDemocratic Republic of Congo's President Felix Antoine Tshisekedi was officially nominated on Sunday as candidate for the Dec. 20 presidential election by his ruling political coalition the Sacred Union.
Read more »
Nigeria: A Nation in Search of ItselfOpinion - Though for different reasons and from different perspectives, most Nigerians are united in accepting these tripartite issues as apt in defining the soul and essence of contemporary Nigeria. The first is that 63 years after independence, we are not yet a nation. Our journey to nationhood has been tortuous, painful, and often bloody. We quickly default to ethnic fault lines at the slightest disagreement. And many of us look at Nigeria from the narrow prism of ethno-religiosity. The second is the problem of
Read more »
Supermom with master's in agricultural economics wants to give back to communityA mother of two children in Gauteng is a triple threat as a teacher, master's graduate, and mom. The lovely lady wants to volunteer in the field of agriculture.
Read more »