Predominantly a stainless steel maker, the company came out of nowhere to become the world's top nickel producer in 2018 thanks to its pioneering use of low-grade nickel pig iron.
According to BloombergNEF, the DRC could leverage its cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.
Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.