About EV Metals Group
Building a global battery chemicals and technology business for a clean energy future.
EVM is fast-tracking the production of high purity chemicals and cathode active materials (CAM) for rechargeable batteries used in electric vehicles and renewable energy storage. Our fully integrated business model is based on upstream, midstream, and downstream integration of proprietary supply chains from in-situ critical raw materials to downstream production of high purity chemicals and CAM. The recent acquisition of the battery materials business from Johnson Matthey positions EVM as a leading vertically integrated supplier to electric vehicle and battery cell manufacturers.
Widespread electrification and the switch to renewable energy technologies is expected to create unprecedented demand for critical minerals such as lithium, copper, cobalt, nickel, and rare earth elements. EVM has secured long term and stable supplies of critical raw materials that will be used as feedstock for its world first integrated Battery Chemicals Complex being built in Yanbu Industrial City in the Kingdom of Saudi Arabia. The Battery Chemicals Complex will produce high purity chemicals containing lithium, nickel, cobalt, manganese and cathode active materials for electric vehicle and battery cell manufacturers seeking transparent and geopolitically aligned supply chains.
EVM has been a significant shareholder of Caerus since Admission and has now approached Caerus to renew and expand the original Strategic Alliance to enable EV Metals to comply with the “Rules of Origin” (RoO) for electric automotive products under the EU-UK Trade and Co-operation Agreement (TCA) so that they qualify to be tariff- and quota-free. The RoO stipulate the proportion of an automotive product in value terms that must be created from a UK-EU source as summarised and published in the EU Journal under OJ L 149, 30.4.2021, p. 10-2539). Automotive products covered by the TCA include packs for electric vehicles and hybrids.
A second pillar of the supportive relationship and reinvigorated Strategic Alliance is that EV Metals has agreed with Caerus that it becomes the preferred vehicle by which EV Metals will further its ambitions in the European raw materials market. This will be by way of acquiring advanced mining and production projects that further facilitate compliance with the UK-EU Trade & Cooperation Agreement that is to achieve a permanent state by 2027, after a currently in-force, phase-in period.
EVM has a highly knowledgeable executive and management team with over 180 years of combined experience in midstream and downstream processing of minerals, metals and chemicals for global markets and upstream integration through exploration and mining. Incorporated in 2014, EVM is a private company owned by a range of investors and management. It has offices in Al Khobar, Saudi Arabia, Perth, Western Australia and London, United Kingdom.
For further information on EVM please visit www.evmetalsgroup.com.