Zambia calculates the expenses of mining for electric battery production – News

Zambia calculates the expenses of mining for electric battery production – News

The United States has taken a significant step forward in securing vital resources for the global energy transition by signing an agreement with Zambia and the Democratic Republic of Congo for the development of a regional value chain in the electric vehicle battery sector. This move challenges the dominance of other countries like China, South Africa, Hong Kong, Mauritius, and India in the African minerals market.

The agreement aims to establish an integrated value chain for the production of electric vehicle batteries, covering everything from raw material extraction to processing, manufacturing, and assembly. However, concerns have been raised about the impact of mining activities on local communities and the environment.

Vusumuzi Sibanda, the executive director of the Panos Institute Southern Africa, highlighted the unsustainable practices and lack of benefits for local communities in mining areas. Despite existing policies and regulations, loopholes in enforcement allow mining companies to exploit communities and degrade the environment.

One major concern is the lack of compensation for those affected by mining activities, leaving them vulnerable to evictions and human rights abuses. The pursuit of energy transition minerals like manganese in Zambia has led to environmental degradation and pollution of rivers and streams.

In the face of these challenges, organizations like Care for Nature Zambia are working to empower women in mining-host communities to advocate for their rights and hold mining companies accountable for their actions. The Women’s Land Rights and Climate Justice Project aims to fight evictions, land degradation, and environmental pollution while promoting women’s participation in decision-making processes.

The story of Mwale village in Luapula Province exemplifies the struggles faced by host communities in Zambia. Local residents have reported displacement, pollution, and the fear of losing their homes to expanding mining activities. Women, in particular, have turned to illegal artisanal mining in dangerous conditions to support their households.

Despite the potential economic benefits of mining for energy transition minerals, the human cost and environmental impact cannot be ignored. As the world races towards a green future, it is essential to prioritize the well-being of communities and protect their rights in the extraction and processing of these vital resources.

Share this article
Shareable URL
Prev Post

Carbon and Graphite Felt Market Projected to Reach $871 Million by 2029

Next Post

Attention QS Stock Enthusiasts: Save the Date for April 24th!

Leave a Reply

Your email address will not be published. Required fields are marked *

Read next
Subscribe to our newsletter
Stay informed on the latest market trends