COBCO, a joint venture between Moroccan investment fund Al Mada and China’s CNGR Advanced Materials, inaugurated a cathode precursor plant at Jorf Lasfar in June 2025 with initial capacity of 40,000 tonnes/year of nickel-manganese-cobalt (NMC) precursor. The project has signed a supply agreement with Belgian materials group Umicore and plans to expand to 120,000 tonnes/year of NMC precursor plus 60,000 tonnes/year of LFP cathode material, alongside critical-mineral refining and battery-recycling (black mass) facilities — making it one of the more advanced pieces of Morocco’s emerging integrated battery-materials cluster.
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