Cobalt, the gold that should’ve made DRC a giant electric economy?

Cobalt, the gold that should've made DRC a giant electric economy?

With the invention of electric vehicles (EV), and the use of electric batteries containing cobalt, cobalt-rich African country, Democratic Republic of Congo (DRC) is on its way to boost its economy with renewable energy at their disposal.

This is because DRC has about 60% of the world’s known cobalt reserves.

While this was looking very promising for DRC, the world’s leading automakers are thinking wider and making moves that will get EVs moving on the roads using batteries that may not require cobalt.

So what then happens to DRC becoming a giant electric economy as leading automakers move away from EV batteries containing cobalt?

Current development tells that companies like Tesla, BYD, and VW are bringing in innovative products as they develop new cobalt-free batteries.

All hopes are not gone for DRC, as they could go into collaborations and create more synergies looking into other options to utilize cobalt — even though mining operations are predominantly controlled by Chinese companies.

By Elijah Christopher

Elijah Christopher
Elijah Christopher is a journalist at A New Touch Of Africa, is also a creative writer, a poet, and an IT enthusiast. He contributed to the collaborative poem written in celebration of Edwin Morgan Centenary, the first Glasgow poet laureate and Scottish national poet from the University of Glasgow. He loves meeting people and learning about new places, cultures, events, and lifestyles.
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