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Morocco's Path to Becoming a Global Leader in Electric Batteries

Morocco is positioning itself to become the world's leading exporter of electric batteries by 2030, according to a recent report from a Belgian journal. This ambitious plan focuses on tapping into the European and American markets, placing the country at the heart of the global transformation of......

Gold's Exceptional Year: A Result of Monetary Policy Support and Rising Geopolitical Risks

In 2024, gold has experienced its most significant annual gains of the 21st century, driven by a combination of factors including the easing of monetary policy in the United States, growing geopolitical risks, and central banks' increasing desire to accumulate the precious metal. This surge in gold......

Gotion High-Tech Invests €2.5 Billion in Battery Production Facilities in Morocco and Slovakia

Gotion High-Tech has announced a significant investment in expanding its global footprint by dedicating €2.5 billion toward the establishment of cutting-edge lithium battery production facilities in Morocco and Slovakia. These strategic initiatives, forming a part of Gotion's broader global......

Mercedes Unveils Europe's Most Advanced Battery Recycling Facility with 96% Recovery Rate

Mercedes-Benz has inaugurated Europe's first integrated mechanical-hydrometallurgical battery recycling facility in Kuppenheim, Germany, marking a significant advancement in sustainable automotive manufacturing. This multi-million euro investment establishes a closed-loop battery recycling system,......

Tesla's Battery Revolution: Unlocking a Sustainable Future

In a bold move that has sent ripples through the automotive industry, Tesla has accelerated its battery production plans, signaling a potential game-changer for the company's future and the wider energy landscape. This strategic shift is a testament to Tesla's unwavering commitment to sustainability......

Falcon Energy Materials and Hensen Forge Partnership to Establish Anode Production Facility in Morocco

In a significant development for the energy sector, Falcon Energy Materials has announced a strategic collaboration with Hensen to construct a state-of-the-art anode manufacturing plant in Morocco. This partnership aims to bolster the production of essential materials for the burgeoning electric vehicle......

Moroccan Scientist Predicts Massive Growth in Lithium-Ion Battery Market

Moroccan scientist and inventor Rachid Yazami, known as the "father of the lithium battery," has projected that the lithium-ion battery market will reach a staggering value of over $4 trillion by 2030. Speaking at the International Government Communication Forum (IGCF 2024) in Sharjah, United......

Fatal South Korean Battery Plant Fire: Safety Negligence Exposed in Rush to Meet Deadlines

In a revealing investigation, South Korean police have uncovered alarming safety failures behind the devastating fire at Aricell's lithium battery factory in June, which claimed at least 23 lives. The incident, one of South Korea's most severe industrial disasters in recent years, exposes a troubling......

China's BTR Group to Establish $366 Million Lithium-ion Battery Facility in Morocco

China's BTR Group has unveiled plans to construct a lithium-ion battery plant in Tangier Technology City, Morocco. This ambitious project, valued at $366 million, is slated for completion in approximately two years and marks a pivotal move in BTR's global expansion strategy. The facility aims......