Renault has just established a strategic partnership that ensures it has the cobalt sulfate what you will need for your electric cars from 2025 to 2032. With the signing of an agreement with the specialist in mining and hydrometallurgy Managemthe Moroccan company undertakes to supply 5,000 tons per year of this compound during the seven years of the contract.
In order to supply this amount of cobalt, Managem will have to build a factory processing of raw ore in Guemassa, in Morocco. This commitment will allow the French automobile group to reach an annual production of batteries of up to 15GWhwhich represents a total of approximately 250,000 electric vehicles per year (considering an average size battery of 60 kWh).
Renault thus joins the manufacturers who have decided to establish direct cooperation between the manufacturer and the mining companies, bypassing the intermediaries that raise the price of the product and weaken control over the supply chain. In this way it is possible to establish a full and complete traceability of each ton of cobalt that is extracted, so that working conditions are preserved and the environmental impact is reduced with the use of renewable energy sources, mostly of wind origin.
Renault could extend this cooperation to other materials such as manganese sulfate or copperas you have already done with the lithium, following its deal with Australia’s Vulcan Energy, which promises greener lithium produced from renewable energy and geothermal brine. The supply contract signed by both companies establishes an initial period of five years that will start in 2026 and that foresees a supply that will start with 6,000 tons in the first year and which will conclude with 17,000 tons on the fifth.
This direct approach is part of Renault’s plan to reduce carbon footprint linked to the production of its batteries. Their objective is to reach reduction figures of 25% in 2025 and 35% in 2030 compared to the levels measured in 2020. The final step is to achieve carbon neutrality for the group in Europe in 2040.
Renault plans that its first battery factory, located in Douai (in the North department), will start production in 2024. It is a facility that will have the intervention of Envision, the former AESC founded in 2007 by Nissan, NEC and Tokin Corporation. This manufacturer has plants in Zama, Kanagawa, Japan, in Smyrna, Tennessee in the US and in Sunderland in the UK, along with a further plant under construction in Wuxi, China. The company announced that it will build another mega-factory in the UK and another in France, to help supply European production of electric vehicles from Nissan and Renault.
Renault has announced for now 13 new 100% electric models, among which is the announced return of the iconic Renault 5, which will receive batteries from this new factory, although it will not use nor Moroccan cobaltsince your LFP batteries do not need it, nor Australian lithium.