OIES Podcast – Europe’s cobalt supply security: what is the role of the Democratic Republic of Congo and of China?
Description
In this latest OIES podcast Michal Meidan talks to Bryan Bille from Benchmark Mineral Intelligence about Europe’s need for cobalt as part of its efforts to achieve carbon neutrality and grow its lithium-ion battery industry, and the role of the DRC within that. Michal and Bryan talk about Europe’s growing demand for cobalt, how policies aim to develop new sources of cobalt and encourage domestic processing. They also discuss the challenges associated with market concentration in the DRC for mining and in China for processing the trade-offs European countries will have to make as they balance supply chain diversification with decarbonisation targets.
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