Renault Group partners with Terrafame for sustainable nickel supply
The partnership supports Renault Group’s strategy to offer competitive, sustainable, and ‘made in Europe’ electric vehicles. The companies have signed a Memorandum of Understanding and representing up to 15 GWh of annual capacity.
Terrafame's integrated production process – which begins in its own mine and ends with battery chemicals on one industrial site – is claimed to be unique and energy-efficient.
The cooperation will begin by paying particular attention to sustainability systems and defining detailed metrics for traceability beyond solutions currently used for EV battery chemicals production. Combined with a recent Renault partnership with Vulcan to secure low-carbon lithium and an alliance with Veolia & Solvay to recycle battery materials in a closed loop, this new agreement marks another step towards the reduction of the environmental footprint of EVs throughout their life cycle and towards the objective of carbon neutrality for the Group in Europe by 2040.