COBCO’s $2B Battery Materials Plant Launches Production in Morocco

El Jadida, June 26th, 2025

Sino-Moroccan joint venture COBCO, formed by Al Mada (49.97%) and CNGR Advanced Materials (50.03%), launched a $2B lithium-ion battery materials plant in Jorf Lasfar on June 25, 2025.

The 200-hectare facility produces 40,000 tons of nickel-manganese-cobalt (NMC) precursor cathodes annually, targeting 70 GWh to power 1M electric vehicles by 2027, with plans for 60,000 tons of lithium-iron-phosphate (LFP) cathodes and 30,000 tons of black mass recycling.

Morocco’s 70% share of global phosphate reserves and 56 free-trade agreements, including with the EU and US, bolster its EV hub status.

CNGR’s expertise, supplying 30% of global NMC precursors, positions Morocco as a key player in China’s battery supply chain.

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Sino Contractors empowers Chinese investors in Morocco, and Moroccan investors in China, with expert advisory, training services, and on-the-ground assistance. Connect on LinkedIn