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BMW Group Sources Sustainable Cobalt from Morocco

Metal News - Published on Fri, 10 Jul 2020

Image Source: BMW Group
The BMW Group is driving the expansion of electromobility and sourcing the cobalt it needs as a key raw material for battery cells directly. Recently the BMW Group signed a supply contract with Moroccan mining company Managem Group. The contract has a volume of around 100 million euros. With this order the BMW Group will cover about a fifth of its cobalt needs for the fifth generation of our electric drive trains. The contract between the BMW Group and the Managem Group is for a term of five years

The company will source the remaining four fifths of its cobalt needs from Australia. The two companies already signed a memorandum of understanding on the direct purchase of cobalt from Morocco in Marrakesh in January 2019.

The BMW Group already publishes the countries of origin for the cobalt it uses on its website. For the fifth generation of battery cells, the company have also restructured its supply chains and will source lithium, as well as cobalt, directly from 2020 and make these raw materials available to its two battery cell manufacturers, CATL and Samsung SDI. This ensures full transparency over where raw materials come from. The BMW Group will also cease to use rare earths in its fifth-generation electric drive trains from 2021 on.

The BMW Group possesses extensive in-house expertise throughout the entire value chain for battery cell technology. In November 2019, the company opened its Battery Cell Competence Centre in Munich, with the aim of advancing battery cell technology and introducing it into production processes. The production of battery cell prototypes makes it possible to analyse and fully understand cell value creation processes.

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Posted By : Yogender Pancholi on Fri, 10 Jul 2020
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