Morocco lithium battery charging cabinet factory

Will China build a lithium refinery in Morocco?

Also in September, China’s Zhejiang Huayou Cobalt and South Korean chemical maker LG Chem revealed they were teaming up to build a lithium refinery and cathode materials plant in Morocco. Construction of the CNGR-Al Mada factory will start this year in Jorf Lasfar, a port on Morocco’s Atlantic coast.

Will Morocco build a lithium refinery & cathode plant?

Morocco gained a further boost on Sunday after South Korea’s LG Chem and China’s Huayou Cobalt said they would build a lithium refinery and cathode materials plant in the country.

Will China's battery market drive more battery manufacturers to invest in Morocco?

Kevin Shang, senior battery analyst at energy consultancy Wood Mackenzie, told AGBI that saturation in the Chinese market will also drive more of its battery manufacturers to consider investing in Morocco. “In the next few years, battery supply will start outstripping demand in the Chinese market,” said Shang.

Can Morocco become a centre for electric vehicle manufacturing?

Workers at a Mitsubishi factory in Japan install an EV battery. Morocco has 70% of the world's phosphate, a vital material for batteries Morocco’s plan to become a centre for electric vehicle manufacturing has received a boost from two Chinese companies, as the kingdom benefits from the cooling relations between Beijing and Washington.

Will China build a cathode plant in Morocco?

China’s CNGR Advanced Material said last week that it would build a cathode materials plant in Morocco to supply the US and European battery markets, as the north African country emerged as an unlikely winner from US-China tensions.

Is Morocco a good place to buy a battery?

Morocco is also home to 70 percent of the world’s reserves of phosphate, a key material in the cheaper, lower-range batteries produced primarily by Chinese companies.