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Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

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Katanga Mining Ltd Ord > Daimler to source battery cells from Farasis Energy

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Post by Sogosohubidu201 on Sep 11, 2019 3:38pm

Daimler to source battery cells from Farasis Energy

https://www.reuters.com/article/us-autoshow-frankfurt-daimler-electric-d-idUSKCN1VV29G

FRANKFURT (Reuters) - Daimler has struck a deal to buy lithium ion battery cells from Farasis Energy, a Chinese-American supplier that is building a factory in east Germany to help Mercedes-Benz ramp up electric vehicle production, it said on Tuesday.

Daimler will use lithium ion battery cells made up of nickel, manganese and cobalt (NMC) for now, as other battery composition materials which promise higher energy density have not proved as reliable, Schaefer said.

“Some of the new materials work in a laboratory but not in the real world,” Schaefer said, adding that experimental batteries often failed to withstand the vibrations and temperature changes that vehicles experience while driving.

‏ @CoryGroshek

@Daimler is admitting that it will not be engaging in #cobalt thrifting when it comes to the batteries for its EVs as the high-#nickel-content, 811 chemistry batteries being pushed by many are not safe/reliable. I expect all other EV makers to follow suit and go with NMC532/622.

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