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Anglo enters the world of EV travel

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Anglo has entered the world of EV travel through signing an agreement with Chinese company GEM. Image credit: Anglo American

Anglo enters the world of EV travel

Diversified mining giant Anglo American has entered the world of batteries and electric vehicles (EVs)   

Last week, mining group Anglo American stepped into the world of battery technology when they announced the launch of a research and development project in collaboration with GEM, one of China’s largest battery and battery material recyclers.

The project will explore new and more efficient technologies for the use of existing and alternative raw materials to be used in batteries for electric vehicles (EVs).

It will focus on jointly developing metal dissolving technologies, using metals such as nickel, cobalt, and manganese, to facilitate a more efficient use of battery materials, from either mined or recycled routes, with the intention of improving existing processes as well as exploring the use of new materials not currently employed in the battery value chain.

Anglo enters the world of EV travel  

According to Paul Ward, Executive Head of Base Metals Marketing for Anglo American, the company’s diversified portfolio includes a range of products critical to the long-term decarbonisation of transport – a sector estimated to account for over 15% of global emissions.

“We are collaborating with leaders in the sector to explore new technologies that build on the physical qualities of our portfolio of products to help tackle some of the key challenges facing the industry and contribute to the sustainable scale-up of EV travel.

“Our work in this space is part of our commitment to supply our customers with products tailored to their specific needs and that capitalise on the opportunities offered by ongoing technological innovation.”

The role of China in EV market

China is the world’s largest EV market, with an expected eight million vehicles sold in 2023. GEM is a leading global battery material producer, with pioneering technology and capability to recycle batteries through the extraction of the minerals they contain.

According to Professor Xu Kaihua, founder and chairman of GEM, the company has more than two decades of experience in recycling batteries and electronics.

“We have invested heavily in understanding the processes needed to recover raw materials essential for the energy transition. This collaboration marks an important step for us, as we seek to drive synergies with industry leaders such as Anglo American that participate in the critical raw materials value chain and share our commitment to advancing technological development to shape a more sustainable future for the transport sector.”

Anglo American is a key partner to the automotive industry, supplying the precious metals enabling catalytic converters to strip pollutants from car exhaust gases as emissions regulators become ever more stringent. Anglo American has also been an early supporter of the hydrogen economy, advocating for more widespread adoption of fuel cell electric vehicles (FCEVs)

Anglo enters the world of EV travel

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Anglo enters the world of EV travel

 

 

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