As part of its objective to reduce the carbon footprint of its batteries by 35% in Europe by 2030, the French car manufacturer Renault is banking on low-carbon cobalt. The Moroccan group Managem, which specialises in the mining and hydrometallurgy sector, will supply it with 35,000 tonnes of cobalt sulphates between 2025 and 2032, i.e. 5,000 tonnes per year.
The resource will enable Renault to maximise its production of electric batteries to reach an annual capacity of 15 GWh. The commercial agreement between the two partners foresees initially the construction of a new factory within the industrial complex of Guemassa in the tourist city of Marrakech, which will be used to transform cobalt ore into cobalt sulphate.
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According to the CEO of the Managem mining group, Renault will rely on the energy…
MOROCCO: Managem to supply cobalt to Renault for its electric batteries
