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Morocco expects more EV battery investments, minister says – ET Auto

Baua Electric

The Moroccan government is in talks to attract more electric battery manufacturers as it seeks to adapt its growing automotive sector to an increasing demand for electric vehicles, industry and trade minister Ryad Mezzour said. The automotive sector tops Morocco’s industrial exports at USD 14 billion in 2023, up 27%.

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Renault Group and Managem Group sign agreement for sustainable supply of Moroccan cobalt

Green Car Congress

Renault Group and Managem Group , a Moroccan player in the mining and hydrometallurgy sector, signed a memorandum of understanding (MoU) aimed at securing the supply of low-carbon and responsible cobalt sulfate for electric batteries. billion from 2025 and a target of €3 billion.

Supplies 225
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BMW Group sources sustainable cobalt worth around €100M from Morocco for fifth-gen batteries

Green Car Congress

Recently the BMW Group signed a cobalt supply contract with Moroccan mining company Managem Group ; the contract has a volume of around €100 million, said Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. Sustainability and security of supply are important factors for electromobility.

Morocco 225
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ZF signs multi-year supply agreement with STMicroelectronics for silicon carbide devices for new inverters

Green Car Congress

Under the terms of the multi-year contract, ST will supply a volume of double-digit millions of silicon carbide devices to be integrated in ZF’s new modular inverter architecture going into series production in 2025. With this strategically important step, we are strengthening our supply chain to be able to securely supply our customers.

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Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

Green Car Congress

Roskill has so far recorded the closure of 21 operations as a result of the outbreak, including: Vale’s Voisey’s Bay and Glencore’s Sudbury in Canada; Ambatovy in Madagascar; Coral Bay and Taganito in the Philippines; CTT in Morocco. —Gulley et al. The update will include a detailed analysis of COVID-19 impacts on the cobalt market.

Supplies 307
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). —James Frith, head of energy storage at BNEF.

Africa 221
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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

The two companies have signed a 5-year (2020 - 2024) supply contract for the lithium needed as a key raw material for battery cells. Sustainability and security of supply are important factors in the expansion of electromobility. Cobalt will be sourced directly from mines in Australia and Morocco in the future.

BMW 170