“Lithium is one of the key raw materials for electromobility. By sourcing lithium from a second supplier, we are securing requirements for the production of our current fifth generation of battery cells. At the same time, we are making ourselves technologically, geographically and geopolitically less dependent on individual suppliers,” said Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.
The BMW Group already signed a contract for the procurement of lithium from so-called hard-rock deposits at Australian mines back in 2019. Now, the company is broadening its supplier base and additionally sourcing lithium from Argentina, where the raw material is obtained from brine from salt lakes. Livent employs an innovative method, that emphasises sustainable water use and minimises the impact on local ecosystems and communities. The company will also contribute important data to the study of sustainable lithium mining initiated by the BMW Group.
The BMW Group sources critical raw materials like lithium and cobalt directly from producers and makes them available to its battery cell suppliers. In this way, the company creates complete transparency over the origin and mining methods of the material.
Source: BMW Group