LG-Yahua Lithium Plant Advances Morocco’s EV Sector
Rabat, July 25th, 2025
On July 23, 2025, in Rabat, LG Energy Solution and China’s Sichuan Yahua Industrial Group Co., Ltd., led by CEO Liu Jian, finalized a MAD 5.5 billion ($560 million) investment for a lithium refining plant in Jorf Lasfar, producing 20,000 tons of lithium hydroxide annually for electric vehicle batteries.
First outlined in a 2023 MoU, the 2025 announcement, following a meeting with Minister Delegate for Investment Karim Zidane, details the first phase, creating 430 high-value jobs, with construction starting in 2025 and production by 2026. Unlike the vague 2023 plan, this confirms funding and timeline.
Morocco’s lithium sector, handling 3% of global EV battery materials, supports its goal of 107,000 electric vehicles by 2025. The plant aligns with China’s 7.5 million EV production in 2024, enhancing Morocco’s green economy and trade.
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