BMW signs five-year sustainable cobalt supply contract with Managem Group.
Auto Business News-July 10, 2020--BMW signs five-year sustainable cobalt supply contract with Managem Group
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Auto Business News - 10 July 2020
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BMW AG (Xetra: BMW), a Germany-based automaker, has signed a five-year sustainable cobalt supply contract with Managem Group, a Morocco-based miner.
The deal is valued at EUR100m and will include around a fifth of BMW's
cobalt requirements over the 2020-2025 period for the fifth generation of its electric drive trains, with the remaining four-fifths of its cobalt...
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