[next] BTR plans to construct a lithium battery cathode material project in Morocco with an annual production capacity of 50,000 tons.
BTR's subsidiary, BTR (Jiangsu) New Materials Technology Co., Ltd., and BNUO INTERNATIONAL HOLDING PTE. LTD. (hereinafter referred to as "BNUO Company"), are strategically expanding their lithium battery cathode material operations. capacity of 50,000 tons in Morocco.
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.
According to the agreement between the two parties, the BTR Mediterranean project is located in the Tangier Science and Technology Park in Morocco, and will build a positive electrode material manufacturing plant to produce key materials for lithium-ion batteries in stages. Construction is expected to start in the second quarter of 2024.
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.
Morocco: A Magnet for Chinese Battery Giants Morocco, emerging as a hub for electric vehicle battery production, experiences heightened interest from Chinese industrial giants.
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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 …
The Chinese company has invested $496.6 million in its first lithium-ion battery cathode factory in Northern Morocco. Its construction works started last April. The plant is expected to produce annually 50,000 tons of …
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Rabat - BTR New Material Group, a key player in the global electric vehicle battery components sector, announced this week a game-changing investment of $500 million to establish an...
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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 …
BTR plans to construct a lithium battery cathode material project in Morocco with an annual production capacity of 50,000 tons.
BTR plans to construct a lithium battery cathode material project in Morocco …
Chinese giant BTR New Material Group unveiled plans to invest as much as $496.6 Mln in building a new lithium-ion battery cathode factory in Morocco to produce 50,000 …
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