Global sales of electric vehicles (EV) reached an impressive 7 million in 2021, and the industry is expected to grow significantly, with sales projected to reach 55-72 million by 2025. As demand for EVs continues to grow, the need for raw materials to produce these vehicles will rise sharply. Africa has a unique geological advantage in meeting the demand for battery minerals, but mobilizing financing to support the continent's transition to a clean energy economy and sustainable transportation system remains a significant challenge. To produce electric vehicles, automotive manufacturers require battery minerals such as cobalt, graphite, lithium, and nickel for their batteries. Africa, and particularly Tanzania, enjoys a strategic geological and geographical advantage in the supply chain of these minerals. The Mining Finance Forum will explore the role of commercial financing in unlocking the development of battery mineral value chains across Africa, as well as the policy tools and incentives required to support Africa's transition to a low-carbon economy underpinned by its vast natural resource wealth. This forum offers a unique opportunity to connect with leading decision-makers in the banking industry, miners, battery minerals explorers, financiers, brokers, traders, analysts, policy makers, and investors.
Attendees will gain valuable insights into financing opportunities, investment partnerships, collaboration, technology and knowledge transfer, and exchange of vital intelligence for the industry's success. The summit will also cover new industry trends for EV production in the global context, Africa's position in the value chain, and government-endorsed frameworks for local content in mining and processing.Don't miss out on the opportunity to deepen your understanding of the battery minerals industry and its impact on the global economy.
Lithium is the most important mineral for the production of lithium-ion batteries, which are widely used in electric vehicles and renewable energy storage systems.
Lead is used as a cathode material in some types of batteries as well as backup power supplies for computer systems & telecommunications.
Graphite is a key component of the anode in lithium-ion batteries, and is used to improve battery performance.
Nickel is another important component of lithium-ion batteries, and is often used in conjunction with cobalt to improve battery performance
Manganese is also used as a cathode material in some types of batteries, including lithium-ion batteries.
Sodium is not commonly used in electric vehicles (EVs) themselves, but it is being developed as a potential alternative to lithium-ion batteries.