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Chinese Group BTR Sees $1.2B Annual Revenue Boost From Morocco Operations
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BTR, which produces cathode and anode materials for lithium-ion batteries as part of the China Baoan Group, anticipates earning around $1.2 billion annually from its Moroccan facilities when production begins next year. This projection was shared by Peter Yang, who serves as BTR’s General Manager in Morocco, during an interview with Asharq Bloomberg. The…
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China’s Dying EV Batteries and Solar Cells Fuel a New-Energy Circular Economy
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Recycling critical materials such as lithium, cobalt and nickel are driving profits and shoring up China’s resource security as trade war with US hits supply chains What one person discards is Ma Long’s gain. In the age of renewable energy, his map points to depleted lithium-ion batteries—veritable reservoirs of recyclable materials boosting earnings for…