Morocco Emerges as a LFP Battery Hub for
Tinci Materials plans a factory in Morocco with an annual production of 300,000 tons of lithium battery materials. Huayou Cobalt
Since 2023, several Chinese lithium battery industry chain companies, including CATL, Gotion High-Tech, Sunwoda, BTR, Huayou Cobalt, CNGR Advanced Material and Tinci Materials, have collectively invested in Morocco and built factories. The battery industry chain centered around LFP is forming rapidly.
Tinci Materials plans a factory in Morocco with an annual production of 300,000 tons of lithium battery materials. Huayou Cobalt and LG Energy Solution will co-build a plant in Morocco, one for 50,000 tons of LFP annually and another for 52,000 tons of lithium conversion annually.
Thanks to its natural resources, advantageous geographical position and strategic partnerships with global players, Morocco aims to become a regional hub for sustainable technologies for Africa and Europe by investing heavily in the lithium and electric battery industry.
Huayou Cobalt and LG Energy Solution will co-build a plant in Morocco, one for 50,000 tons of LFP annually and another for 52,000 tons of lithium conversion annually. In addition to abundant phosphate reserves, Morocco also possesses metal resources like cobalt and lithium needed for battery production and has cost advantages.
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