Battery tech in electric cars presents a huge opportunity to SA mining
SA is by far the world’s largest manganese producer, and is estimated to have 70% of the world’s manganese reserves
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...