Renault Collaborates with Management for Battery Raw Materials

JAKARTA – In the midst of a massive shift in the car industry towards electric technology, the French car manufacturer Renault Group cooperates with the Management Group to secure the supply of batteries for electric vehicles.

Under the cooperation, Managem Group, a mining and hydrometallurgical company from Morocco, will supply 5,000 tons of cobalt sulfate per year for a period of 7 years, with the first shipment in 2025.

Following engineering studies, Managem plans to invest in the construction of a plant located within the Guemassa Industrial Complex, Morocco to convert cobalt ore into cobalt sulfate.

Quoted from BetweenMonday (6/6), through this partnership, the Renault Group has guaranteed a significant supply of cobalt sulfate, representing an annual battery production capacity of up to 15 GWh, Renault said in an official statement earlier this June.

This direct collaboration between the two will ensure a long-term traceability system for the cobalt battery supply chain.

It also aims to reduce the impact on the environment, especially thanks to the knowledge of the Management Group who have optimized energy efficiency in their facilities through increasing the use of green energy, more than 80% of which comes from wind power.

This agreement primarily includes the possibility for the Managem Group, the Renault Group and its Alliance partners to advance further cooperation in the supply of manganese and copper sulfate, as well as the recycling of battery materials in short cycles.

Following the establishment of an industrial center dedicated to the Renault ElectriCity electric vehicle, the Renault Group is positioning itself as a key player in more efficient, low-carbon and reusable batteries.

The Renault Group aims to reduce its battery carbon footprint by 20% by 2025 and by 35% by 2030, compared to 2020.

Combined with a partnership with Vulcan to secure low carbon lithium and Terrafame for low carbon nickel sulfate, this agreement marks a new step towards reducing the environmental footprint of electric vehicles and the Renault Group’s goal of carbon neutrality in Europe by 2040. .

–