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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.

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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.

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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. 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.

BMW 170
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BMW targeting doubling energy density of battery cells by 2030, with current i3 as basis

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The purpose of the facility is to advance battery cell technology and carefully dissect the production processes. The company has also restructured its supply chains for the upcoming fifth generation of high-voltage batteries and will begin direct procurement of cobalt and lithium for battery cells in 2020.

BMW 352
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

billion for the Chinese production site of the BMW Brilliance Automotive Ltd. The BMW Group has also signed a long-term supply contract for its fifth-generation electric drive trains with its second battery cell supplier, Samsung SDI. Compliance with environmental standards and respect for human rights have the highest priority.

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