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

Green Car Congress

The cobalt market has four types of cobalt produced: cut cathode; broken cathode; briquettes and powder; ingot and round, according to Sam Wang, trading and product manager for Manatrade AG, the marketing and trading arm of Managem Group.). Managem is one of the world’s 5 largest producers of high-purity cobalt cathodes.

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

Green Car Congress

The BMW Group will source the cobalt needed as a key raw material for cell production directly from mines in Australia and Morocco and make it available to CATL and Samsung SDI. The production of battery cell prototypes makes it possible to analyze and fully understand cell value creation processes. —Andreas Wendt.

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

Green Car Congress

We aim to have 25 electrified models in our line-up by 2023 and more than half will be fully electric. Cobalt will be sourced directly from mines in Australia and Morocco in the future. billion with Samsung SDI for its fifth-generation electric drive trains (contract: 2021 to 2031). —Andreas Wendt.

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