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Elcora options to purchase existing manganese mine in Morocco; additive to Atlas Fox

Green Car Congress

Elcora Advanced Materials has signed , through its Ermazon SARL wholly owned subsidiary, a binding agreement with exclusive long-term mining production rights and option to purchase a 16 km² manganese mining concession in Morocco. The artisanal production run rate at the deposit was then approximately 2,500 metric tonnes / month.

Morocco 199
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Elcora receives manganese production license in Morocco

Green Car Congress

Canada-based battery materials company Elcora Advanced Materials has received , through its Ermazon SARL wholly owned subsidiary (purchased in December 2021), a manganese exploitation license from the Moroccan government for the Atlas Fox Deposit in the country. Manganese ore 37% sells at about US$331 / metric ton on the international market.

Morocco 186
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

As part of its electromobility expansion, the BMW Group is deepening its existing business relationship with Ganfeng Lithium based in Jiangxi (China). Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. This ensures full transparency over where raw materials come from.

BMW 170
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

We strongly supported and played an active part in establishing CATL in Germany. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. Whether we then produce the cells ourselves at a later date, will largely depend on how the supplier market develops. —Andreas Wendt.

BMW 220
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Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

Green Car Congress

As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. Roskill expects the cobalt market to face more severe supply disruption should the prevention and control measures be further extended on a global scale.

Supplies 307