General Motors’ new electric vehicle with Australian cobalt connection
Synthetic engine (GM) says it will use Australian-mined cobalt in the cathode of its Ultium batteries, which will power leading electric vehicles such as Chevrolet Silverado EV, reborn GMC Hummerand Cadillac Lyriq.
GM and Switzerland-based commodity model Glencore have signed a “multi-year” agreement that will see the former purchase of cobalt from the latter’s Murrin Murrin operation in the Goldfields region of Western Australia.
Cobalt, a metal that makes up about 0.001% of the earth’s crust, has very high heat resistance properties and is added to the cathode of lithium-ion batteries to improve energy density and battery life.
By the end of 2025, GM plans to have annual production capacity of one million electric vehicles in North America.
“GM and our suppliers are building an electric vehicle ecosystem focused on sourcing critical raw materials in a safe, sustainable way,” said Vice President Global Purchasing and Supply Chain. GM’s request said Jeff Morrison.
“Importantly, given the important role electric vehicles play in reducing the transportation industry’s carbon footprint, this agreement aligns with our approach to sourcing and supply chain management. responsible supply”.
Murrin Murrin is also a supplier of cobalt to BMW. On this subject, Tesla last year signed a supply agreement with mining giant BHP to supply nickel for batteries from Western Australia.
The Australian Institute of Public Policy released a report in February of this year called ‘Recycling Vehicle Manufacturing in Australia: Industrial Opportunities in the Electrified Future.’
“When it comes to creating an electric vehicle manufacturing sector, Australia enjoys advantages that other countries would die for: abundant reserves of lithium and rare earths, strong industrial infrastructure, force skilled labor, strong training capacity, abundant renewable energy options and untapped consumption potential,” said the report’s lead author. Dr. Mark Dean.
“And contrary to popular belief, we are not going to start from scratch. Thanks to the resilience of our remaining auto manufacturing supply chain, a surprisingly large amount of auto manufacturing jobs – including components, specialty vehicles and engineering – still exist here. . ”
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