Should Africa develop a lithium-ion battery plant?

Naicker says it is important to develop a local lithium-ion battery plant, as all lithium-ion batteries used in Africa are currently imported from mega-factories in the northern hemisphere. In fact, he believes there is an “arms-like race” to establish battery production in the northern hemisphere, but with no plans to do the same in Africa.

Will HMS Bergbau put $700 million in lithium production in Kazakhstan?

German HMS Bergbau AG is planning to put $700 million in lithium production in Kazakhstan once it obtains full control over a local company that runs two lithium fields, according to Minister of Industry and Infrastructural Development Marat Karabayev. «German public company Bergbau has bought 51% of shares of a Kazakhstani business.

Are lithium batteries for electric cars the second stage?

«Lithium batteries for electric cars is the second stage. Of course, it’s too early to talk about batteries because before we start production, we have to evaluate the capacity of those lithium fields in the first place,» Karabayev underlined.

Which German company is going to produce rare metals in Kazakhstan?

According to the minister, Bergbau is the first company from Germany that is going to produce rare metals in Kazakhstan. In contrast, Chinese companies have been working in this sector in Kazakhstan for a long time. «The German company will run two lithium fields in the East Kazakhstan region. The amount of investments is expected at $700 million.