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  • Renault Group signs agreement for sustainable supply of Moroccan cobalt

    2022-06-07 14:16:34   【Print】
    French carmaker Renault Group has signed a cobalt supply agreement with Moroccan miner Managem Group, pursuant to which the Moroccan miner will supply 5,000 tonnes of cobalt sulphate per year to Renault for a period of 7 years, with first delivery in 2025.

    Managem Group plans to invest in the construction of a factory located within the Guemassa industrial complex, Morocco in order to transform cobalt ore into cobalt sulphate. Through this partnership, Renault Group has guaranteed a significant supply of cobalt sulphate, representing an annual battery production capacity of up to 15 GWh.
    .Asian Metal CopyrightFrench carmaker Renault Group has signed a cobalt supply agreement with Moroccan miner Managem Group, pursuant to which the Moroccan miner will supply 5,000 tonnes of cobalt sulphate per year to Renault for a period of 7 years, with first delivery in 2025Asian Metal Copyright
    Cobalt Sulfate 20.5%min Delivered China
    Unit:RMB/mt
    China battery grade cobalt sulfate producers' number MoM output increase statistics by province by month
    Unit: pcs
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