These raw materials will come from the NiWest project in Australia, which is expected to produce around 90,000 tons of cobalt and nickel sulfate per year
The automobile group Stellantis has taken an important step to guarantee the supply of raw materials for the batteries of its electric vehicles, after signing a memorandum of understanding (“MDE”) non-binding with GME for the future sale of battery-grade nickel and cobalt sulfate products from the NiWest nickel-cobalt project in Western Australia (“NiWest”).
NiWest is an advanced project of nickel-cobalt development and will produce approximately 90,000 tons per year of battery-grade nickel and cobalt sulfate for the burgeoning electric vehicle market.
To date, more than A$30 million has been invested in drilling, metallurgical testing and development studies. The feasibility study NiWest final will start this month. The proposed site for the NiWest processing plant is approximately 30 kilometers from Glencore’s Murrin Murrin mine, Australia’s largest nickel-cobalt mine.
As part of the strategic plan Dare Forward 2030Stellantis has announced plans to reach 100% sales of battery electric vehicles (BEVs) in Europe and 50% sales of BEV passenger cars and light-duty-trucks in the US by 2030.
In this way Stellantis plans to become one of the first manufacturers to lead the mitigation of climate change, reaching net zero carbon emissions by 2038, with a reduction of 50% in 2030.
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