Elcora Advanced Materials and Mincape have partnered to establish manganese mining operations in Morocco and West Africa, in response to the growing demand for electric vehicle batteries and the global shift towards sustainable energy solutions, according to a press release by Elcora on Thursday.
This partnership, driven by the crucial role of manganese in improving the performance and energy storage of EV batteries, emphasizes the need for a stable supply of high-quality manganese ore.
Elcora, known for its expertise in battery metals, logistics, and global market access, is collaborating with Mincape, which is recognized for expertize in geology, research, sustainable resource development, and advanced mining tech. Together, they aim to promote responsible and environment-friendly manganese mining.
Key components of this collaboration include resource development, meeting the growing demand for EV batteries, global distribution networks, innovation in manganese processing, application of cutting-edge technology for efficient and sustainable mining operations, local economic growth, and a commitment to an ethical and transparent supply chain.
The partnership also commits to investing in research and development to optimize the use of manganese in next-generation battery technologies.
This initiative significantly impacts local economies by creating job opportunities and fostering skills development.