Remove 2019 Remove Manufacturer Remove Morocco Remove Purchase
article thumbnail

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. Managem is one of the world’s 5 largest producers of high-purity cobalt cathodes.

Morocco 225
article thumbnail

BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

The BMW Group is deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group will double its sales of electrified vehicles between 2019 and 2021.

BMW 220
article thumbnail

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. Roskill will update its Cobalt: Outlook to 2029 report, published in August 2019, in May.

Supplies 307