25 Mar Brazilian Nickel-EMME-Offtake-Press Release
Brazilian Nickel Limited (BRN), a private company developing primary nickel and cobalt production in Brazil, is pleased to announce that it has signed a non-binding supply agreement with France-based battery materials processor Electro Mobility Materials Europe SAS (EMME) to support electric vehicle production in Europe.
Under the agreement, BRN would sell up to 10,000 tonnes of nickel and 385 tonnes of cobalt a year in the form of Mixed Hydroxide Product (MHP) for a minimum of 10 years from the start of production at our Piauí Nickel Project in Brazil, expected in 2029.
The agreement is contingent upon Brazilian Nickel obtaining a comprehensive project financing package for the Piauí Nickel Project development. It is also dependent on a commitment from EMME to supply up to 10,000 tonnes of nickel contained and 1,000 tonnes of cobalt contained annually to German EV battery OEMs or their qualified suppliers.
Brazilian Nickel CEO @Mark Travers commented: “This agreement marks a major step forward toward our goal of becoming a significant supplier of EV battery materials to Europe, strengthening the resilience of the critical minerals supply chains. EMME, with its focus on processing responsibly sourced materials in Europe, makes them an ideal partner for us.”
EMME President @Antonin Beurrier commented: “We find in Brazilian Nickel a partner sharing our values, combining industrial and environmental excellence. We are proud to convert their nickel and cobalt feedstock into low-carbon battery grade materials for Europe and are looking forward to ramping up our respective assets to provide credible alternative solutions to EV supply chains.”
About Brazilian Nickel
Brazilian Nickel is a privately held UK company established in 2013 to develop nickel laterite heap leach projects worldwide, beginning with its flagship Piauí Nickel Project in Brazil. The BRN team are all highly experienced mining industry professionals with extensive metallurgical experience in South America and worldwide. The team has been developing the low-carbon, environmentally responsible heap leaching of nickel laterites for over 20 years with a view to building a world-class nickel and cobalt producing company.
About EMME
EMME is a pioneering project for the conversion and recycling of essential metals used in electric vehicle batteries. We are dedicated to developing high-level industrial capacity and technological expertise in France. The project stems from the conviction that electric mobility can only be sustainable and credible if the critical materials it employs are extracted, processed and recycled locally and in compliance with the highest environmental standards. By 2030, the EMME project aims to meet over 30% of the materials requirements of the French electric mobility sector.