Beitrag vom 04.04.2022

The Africa Report

Tanzania’s nickel provides alternative to Russia for auto industry says Kabanga CEO

By David Whitehouse
Nickel from Tanzania is well placed to supply a global automotive industry seeking alternative sources to Russia to feed the transition to electric vehicles, Kabanga Nickel CEO Chris Showalter tells The Africa Report.

Class one nickel, which is found at the Kabanga project in northwest Tanzania, is used in the lithium-ion batteries needed for electric cars. It is the “sweet stuff” for auto manufacturers, Showalter says in Dar es Salaam. He expects the car industry to buy more than half the nickel produced at Kabanga, which is scheduled to come into production in 2025. The mine will also produce cobalt and copper.

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