Will BTR build a lithium battery cathode material project in Morocco?

[next] BTR plans to construct a lithium battery cathode material project in Morocco with an annual production capacity of 50,000 tons.

Will Rabat build a Gigafactory in China by 2026?

Then, in May, Chinese firm Gotion High-Tech (3% of the market), a preferred supplier of Volkswagen, its reference shareholder, signed an agreement with Rabat to build a gigafactory in the kingdom by 2026.

Did BTR sign a contract with the Moroccan government?

BTR officially signed a contract with the Moroccan government On March 29th, BTR and the Moroccan government signed an investment agreement in Rabat, setting up a project company in Morocco to invest in the construction of lithium battery cathode material projects, meet market demand, and expand overseas market share.

Will Volkswagen build the first electric battery Gigafactory in the Middle East?

Rabat – The Sino-European group GOTION High-Tech, with Volkswagen as a key shareholder, is slated to build the first electric battery gigafactory in the Middle East and Africa. The state-of-the-art facility, to be located in Kenitra, Morocco, represents a 12.8 billion dirham ($1.3 billion) investment and promises to generate 17,000 jobs.

Is Guangzhou Tinci a major producer of lithium batteries?

Simultaneously, Guangzhou Tinci Materials Technology, a major producer of electrolytes for lithium batteries, recently announced a $2.8 billion investment in its Moroccan plant, targeting both the local market and the broader European electric vehicle market.

Is the Mont Tropic underwater lithium deposit a threat to Morocco?

The Mont Tropic underwater lithium deposit, located near the border with Mauritania and the Canary Islands, is believed to be one of the largest strategic mineral reserves in Africa. Exploiting it would require mining groups prepared to take high geopolitical and environmental risks, even if these would necessarily be shared with Moroccan groups.