Recently, CNGR Advanced Material Co., Ltd. signed a cooperation agreement with AL MADA, one of the largest private investment funds in Africa, in Casablanca, Morocco. The two parties will establish a joint venture in Morocco to build an integrated industrial complex covering ternary precursor materials, lithium iron phosphate (LFP), and battery recycling. This initiative aims to meet the surging demand driven by the rapid growth of the new energy vehicle (NEV) markets in Europe and the United States.
China-Morocco cooperation to establish a new energy battery materials hub for the Pan-Altlantic region
Driven by a shared deep understanding of the critical role electrification plays in addressing global climate change, and aligned in their corporate visions and missions, CNGR and AL MADA have joined forces to build an integrated new energy battery materials facility. The plant will produce zero-waste, low-carbon, and recyclable battery materials, supporting the global transition toward a more sustainable and green energy structure.
According to the agreement, the two parties will jointly develop high-standard production lines for nickel-based materials, phosphate materials, and recycled battery materials. Construction began in 2023, and phased production is scheduled to start in the fourth quarter of 2024. Once fully operational, the facility will be capable of supplying battery materials for over one million electric vehicles per year.
The industrial site is located in the Jorf Lasfar Zone, near the OCP Group’s industrial park in the El Jadida region of Morocco. With access to key port and transportation infrastructure, the site offers strategic export advantages. Jorf Lasfar’s location and well-established industrial ecosystem provide favorable conditions for project execution and operation, helping the facility compete globally and evolve into a leading battery materials hub in the Pan-Atlantic region.
A strong partnership committed to a green, circular, and integrated NEV industry chain
With Morocco’s strong automotive industry foundation and its goal to remain competitive in the global automotive market, this joint venture—identified as a key new energy battery materials project in Morocco—is currently in talks with OCP Group, a global leader in the phosphate and fertilizer industry. The collaboration aims to secure battery-grade phosphate materials for LFP cathode production and other essential industrial inputs for the new facility.
As one of the driving forces of Morocco’s economy, AL MADA adheres to its “Positive Impact” philosophy, emphasizing long-term investments and high-value project development, with corporate responsibility at the core of its mission. Through this partnership with CNGR, the two companies aim to amplify Africa’s influence in the global new energy landscape and make a meaningful contribution to climate change mitigation.
Aligned in their guiding principles and development goals, the joint venture is committed to responsible and sustainable production powered primarily by green energy. By leveraging Morocco’s unique resource advantages, the project will create a new pathway from raw materials to battery materials manufacturing. It will lay the foundation for a world-class battery materials ecosystem and contribute to the formation of a complete new energy vehicle value chain—from raw battery materials, precursors, and cathode materials to batteries, electric vehicles, and battery recycling.
