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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.

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Elcora receives manganese production license in Morocco

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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. Elcora is preparing a comprehensive mining plan for the Atlas Fox Deposit.

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

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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.

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

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The technology group ZF will, from 2025, purchase silicon carbide (SiC) devices from STMicroelectronics. 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. Earlier post.)

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

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Ganfeng is the world’s third-largest and China’s largest lithium compounds producer and the world’s largest lithium metals producer in terms of production capacity as of 31 December 2017, according to CRU. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

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

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billion for the Chinese production site of the BMW Brilliance Automotive Ltd. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. In-house battery production takes place at BMW Group Plants Dingolfing (Germany) and Spartanburg (USA), and at the BBA plant in Shenyang (China).

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

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The loss is driven by the severe downturn in the global economy in the second half of calendar year 2008 and, in particular, the negative impact of the strong yen, the sharp decline in consumer confidence in all major markets and product mix deterioration, the company said. compared with last year.

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