Euro Manganese in Becancour BASF will most likely be followed by Euro Manganese! Also a partner of Nano One Materials!
https://www.mn25.ca/post/nano-one-and-emn-to-co-develop-applications-for-high-purity-mn-in-li-ion-battery-cathode-materials
>> "A study by the British publication Benchmark Minerals estimates that 28% of the cathodes used in electric vehicle batteries in North America will be manufactured in Quebec in 2030. “With or without BASF? ”, he was asked.
“Without BASF,” replied Mr. LeBlanc. Let's say that the BASF case is not strong. We have moved on, indeed. I think the option on the land has expired. The field is already occupied by several other players. »
The BASF plant was announced in March 2022 around the same time as GM-POSCO. Unlike the second, the factory of the first never came out of the ground. Mr. LeBlanc does not mind since Quebec has attracted three cathode makers so far: Ford, GM and Northvolt, an integrated producer of battery cells.
And if BASF doesn't come to Bcancour, maybe we'll see Euro Manganese?
“This is one of the players that interests us because manganese is part of NMC, nickel-manganese-cobalt batteries, batteries intended for mid- and high-end vehicles with batteries with greater autonomy,” confirms Mr. LeBlanc. These are people we talk to and who have land planned in Bcancour. This is part of the upcoming announcements. »
Vancouver-based Euro Manganese is a $100 million market capitalization battery materials startup with the goal of becoming a leading producer of high-purity manganese for the electric vehicle industry . The company continues to develop the Chvaletice manganese project in the Czech Republic.
Manganese is a component of the cathode. In Bcancour, GM and Ford will manufacture cathode materials – the positive pole of a lithium-ion battery – while Nouveau Monde Graphite manufactures anodes, the negative pole.
Mr. LeBlanc mentions an investment amounting to several hundred million for Euro Manganese" <<
https://www.lapresse.ca/affaires/2023-11-28/filiere-batterie/une-usine-de-perdue-aussitot-remplacee.php
https://www-lapresse-ca.translate.goog/affaires/2023-11-28/filiere-batterie/une-usine-de-perdue-aussitot-remplacee.php?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=de&_x_tr_pto=wapp
Ok, so we continue with Euro Manganese in Bcancour and with BASF somewhere else (USA, Japan (TODA/BTBM))... ;)
https://nanoone.ca/news/news-releases/nano-one-and-basf-enter-into-a-joint-development-agreement-for-lithium-ion-battery-materials/
Stay informed!