This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press
COBCO today, Wednesday, in the yellow shelf, launched the first industrial unit of lithium-ion battery with a production capacity of 40,000 tonnes, the pioneering project which represents a prominent station in the construction of an industrial battery system in Morocco.
This project is part of the first phase of the company’s investment in its integrated industrial compound for the production of nickel, manganese – cobalt (NMC).
A COPCO press release, a company subject to Moroccan law, explained the product of a strategic partnership between the company “Al Mada”, a Moroccan investment fund with an African field, and the company “SN and IDP and CNGR Advanced Mateials, the World Battle vehicle and energy storage systems.
This industrial platform extends over an area of more than 200 hectares and represents a strategic station to develop the technology industry specific to Morocco.
This step is a basic stage in the launch of a pioneering project outside Asia, and will help improve the growth of a Moroccan system specialized in the strategic field of the electric battery industry addressed to the markets of the Middle East region and North Africa, Europe and the United States of America.
Thanks to this first strategic industrial platform, adds communication, Morocco confirms its ambition to become a major player in global value chains of green technology, stressing that the company “COPCO” embodies this vision: a new generation industry, integrated, sustainable and constant competitiveness to meet the needs of future markets.
The total planned investment will reach several billion dirhams, distributed on three integrated industrial projects, with a production capacity of 70 GWh per year, enough to equip approximately one million electric vehicles per year.
The industrial compound of COPCO will include an annual production capacity of 120,000 tonnes of gross cathode materials (NMC) and an annual production capacity of 60,000 tonnes of lithium iron phosphate (LFP), which should be launched as soon as a regional LFP battery system.
It will also include units for strategic minerals and recycling of the dark mass, a treatment capacity of more than 60,000 tonnes per year, which improves local integration and the cycle of materials.
Thanks to its strategic location, the company “COPCO”, which embodies an industrial project with a global dimension, is located at the Forum of African, European, American and Asian Confederations, the industrial sovereignty of Morocco and contributes to the consolidation of its industrial system in the automotive sector in the light of the transition to electric energy. More than 5,000 employment possibilities will be offered during the construction phase, and finally, 1,800 jobs will be created directly and qualified and 1,800 indirect employment possibilities.
The project attaches central importance for training, skills transmission and highlighting national experiences in battery professions, in partnership with Moroccan universities and technological partners.
COPCO is included in an international context aimed at improving value chains and is characterized by the development of regulatory requirements, including the European carbon tax, and seeks to find competitive, weak and close to the markets.
Since its creation, COPCO has been stationed as a reliable and competitive actor, taking advantage of the forces of the two partners, “Al -Mada” and the CNGR Advanced Mateials company, as well as the advantages enjoyed Morocco: an attractive industrial environment, a low -cost green energy, near geographic proximity to Europe and the United States, editorial networks (Pionement Mineral Resources (Phosphate Copper COPPER COPPER AND Addition of editors.
Communication said that the board of directors of the company “COPCO” praised the speed of the construction of the factory and the start of its operation, because it has been completed in less than a year since the start of construction work, which represents an important industrial achievement. Thus, COPCO demonstrates the competition on a global scale and in record time. It also confirms that the Moroccan environment locally allows the embrace and the development of an advanced and integrated technological sector and is able to compete worldwide and in record time.
In an innovation -based industry, COPCO supports its customers by providing advanced technical solutions that offer real competitive advantages. The continuous effort of the company to practical and industrial excellence improves their competitive capacities, while ensuring the sustainability of environmental systems an essential axis of its strategy.
The “COPCO” website was designed from the start to be a low carbon footprint, because the company adopts an ambitious broom strategy: responsible operations, progressive use of Moroccan green energy (80% in 2025 and 100% by the end of 2026) of sweet water, industrial recycling and projects to obtain certificates of compliance with international standards (ISO) 50001,14044). The road map for environmental, social and societal sustainability (ESG) will also include participation in the carbon emission project (SBT) and the compatibility of Tarbone’s objectives.
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