German lithium processing plant to prevent battery shortage

January 29, 2020

Advanced Metallurgical Group (AMG) wants to build a lithium plant in Germany. The aim is to prevent a shortage of batteries once the European production of electric cars is running at full speed. The German automotive world warned for such a crisis last week. According to analysts, there will inevitably be a shortage of raw […]

Car manufacturers try to secure cobalt supply

January 28, 2020

While the price of cobalt has decreased due to an over-offer on the market, car manufacturers are nevertheless negotiating multi-year contracts to secure supplies. Tesla, for example, is negotiating with Glencore for its cobalt supply, like BMW already did. But why are manufacturers trying to secure a material that seems abundant? According to George Heppel, […]

Additional restructuring for Opel in Germany

January 15, 2020

PSA subsidiary, Opel, will cut 2.100 additional jobs in Germany through a voluntary redundancy plan. Employees born before 1963 will be able to opt for early retirement. The agreement made with the trade unions should lead to “further, clear improvement in our competitiveness,” says Opel boss Michael Lohscheller. In exchange, the manufacturer excludes redundancies until […]