SA firms must plug into the rich battery tech market

Business

SA firms must plug into the rich battery tech market

They should not be content with simply riding the manganese commodity wave

Owen Murphy

The global motor industry is moving increasingly towards electric vehicles (EVs) from the carbon-emitting internal combustion engine. This requires extensive investment in battery technology, which presents huge opportunities for SA mining.

Various rare-earth minerals are used to manufacture batteries for electric vehicles, but the bulk commodity, manganese, is a major component of the NMC (nickel-manganese-cobalt) lithium-ion batteries likely to power much of the next generation of EVs.

SA is by far the world’s largest manganese producer, and is estimated to have 70% of the world’s reserves...

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