Tag: Congo

Oct 21, 2019 - 01:06 pm

BMW is changing their resource strategy

The BMW Group is changing its strategy for purchasing raw materials for electric cars. In the case of important materials such as lithium and cobalt, intermediaries are to disappear from the supply chain.

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Sep 19, 2019 - 02:53 pm

Cobalt for Development kicks off in Congo

BMW Group, BASF, Samsung SDI and Samsung Electronics launch “Cobalt for Development”, a cross-industry initiative to promote responsible cobalt mining in micro-mining in the Democratic Republic of Congo.

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Aug 6, 2019 - 01:50 pm

Volvo banks on Blockchain for cobalt transparency

Volvo wants to use blockchain technologies to increase transparency regarding the origin of the cobalt used in the batteries of their electric cars. The first project in China, the home country of Volvo’s mother company Geely, has now been launched.

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Mar 26, 2019 - 06:51 pm

BMW to stop purchasing Congo cobalt in 2020/21

According to Andreas Wendt, the board member responsible for purchasing at BMW, the company will no longer purchase cobalt from the Democratic Republic of Congo with the introduction of the fifth generation of electric vehicles from 2020/21.

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Dec 4, 2018 - 04:39 pm

Cobalt now classed “strategic” substance in Congo

The Democratic Republic of Congo has classified cobalt a “strategic” substance, meaning miners will pay nearly three times the royalty rate than before on the key component in electric vehicles batteries. The rate is now at 10 percent, states a government decree.

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Nov 30, 2018 - 07:06 pm

BMW, BASF & Samsung want sustainable cobalt mining

BMW, BASF, Samsung SDI and Samsung Electronics have launched a cooperative pilot project to support sustainable and fair cobalt mining initiatives in the Democratic Republic of Congo. The German development agency GIZ will coordinate the project.

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May 31, 2018 - 03:40 pm

Panasonic to cut all cobalt from EV batteries

Tesla’s Gigafactory partner Panasonic says it is developing cobalt-free batteries to become independent of the rare and expensive material in the near future. Meanwhile, Tesla released their ‘Conflict Minerals Report’ and also aims for further reductions in cobalt use.

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Feb 12, 2018 - 02:56 pm

Samsung SDI to reduce cobalt in its batteries to zero

Leading EV battery maker Samsung has announced plans to revise its cobalt strategy. Not only will the Koreans reduce the amount of the rare resource by using nickel instead but Samsung is also working on cells that do not require any cobalt. Recycling is another measure.

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Jan 12, 2018 - 10:20 am

Prices for cobalt from the DRC could rise

The Democratic Republic of Congo thinks about more than doubling the tax on cobalt supply, reports Bloomberg referring to a draft law that the country’s parliamentarians are currently discussing.

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Found on electrive.com
https://www.electrive.com/2019/10/21/bmw-is-changing-their-resource-strategy/
21.10.2019 13:22