Ergebnis von "Nicolas Niarchos" in Alle Kategorien

Congo is rich. Swaths of the war-torn African country lack basic infrastructure, and, after many decades of colonial occupation, its people are officially among the poorest in the world. But hidden beneath the soil are vast quantities of cobalt, lithium, copper, tin, tantalum, tungsten, and other treasures. Recently, this veritable periodic table of resources has become extremely valuable because these metals are essential for the global “energy transition”—the plan for wealthy nations to wean themselves off fossil fuels by shifting to sustainable forms of energy, such as solar and wind.

Our world is shifting away from hydrocarbons and fossil fuels to renewable forms of power that rely more than ever on batteries. As demand for these products has grown, so has the need for minerals that are used in their production, in particular cobalt, a metallic element that is overwhelmingly mined in the Democratic Republic of the Congo, site of the world’s largest cobalt reserves.