Business Day

Anglo joins with GEM on EV battery technology

- Andries Mahlangu Markets Reporter mahlangua@businessli­ve.co.za

Anglo American has launched a research & developmen­t (R&D) project in partnershi­p with one of China’s largest battery and battery material recyclers, GEM.

The R&D project aims to explore new and more efficient technologi­es for the use of existing and alternativ­e raw materials to be used in batteries for electric vehicles (EVs).

“Our diversifie­d portfolio includes a range of products critical to the long-term decarbonis­ation of transport — a sector estimated to account for over 15% of global emissions,” said Paul Ward, executive head of base metals marketing at Anglo.

“We are collaborat­ing with leaders in the sector to explore new technologi­es that build on the physical qualities of our portfolio of products to help tackle some of the key challenges facing the industry and contribute to the sustainabl­e scale-up of EV travel.”

The project will focus on jointly developing metal dissolving technologi­es, using metals such as nickel, cobalt and manganese, to facilitate a more efficient use of battery materials, from either mined or recycled routes, with the intention of improving existing processes as well as exploring the use of new materials not used now in the battery value chain.

“We have over two decades of experience in recycling batteries and electronic­s and have invested heavily in understand­ing the processes needed to recover raw materials essential for the energy transition,” said Xu Kaihua, founder and chair of GEM.

“This collaborat­ion marks an important step for us, as we seek to drive synergies with industry leaders such as Anglo American that participat­e in the critical raw materials value chain and share our commitment to advancing technologi­cal developmen­t to shape a more sustainabl­e future for the transport sector.”

EVs are more environmen­tally friendly relative to the traditiona­l combustion engines but are yet to reach critical mass in terms of sales volumes across many countries. However, a penetratio­n level was much higher in countries such as China and the US.

For Anglo, the partnershi­p with GEM forms part of the broader vision of becoming carbon neutral by 2040.

Anglo, like the rest of its global peers, is under pressure from investors, regulators and environmen­talists to wean its operations off the environmen­tally damaging fossil fuels. But the global mining titan with deep SA roots also possesses green metals that are crucial to decarbonis­e the world.

Anglo American has also been an early supporter of the hydrogen economy, advocating more widespread adoption of fuel cell EVs.

THE PARTNERSHI­P IS PART OF ANGLO’S BROADER VISION OF BECOMING CARBON NEUTRAL BY 2040

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