# BTR New Material to build $300M cathode plant in Tangier, Morocco

The Moroccan government approved a project by Chinese BTR New Material to build a cathode material plant near Tangier for $300 million, with an annual capacity of 50,000 tons. The first phase of 25,000 tons is expected to start operations by September 2026.

- Type: New facility
- Announced: 2024-03-30
- Where: near Tangier, Morocco
- Value: $300.0M
- Starts operating: Sep 2026
- Status: announced
- Capacity: 50,000 tons per year (first phase 25,000 tons)
- Products: cathode materials for electric vehicle batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BTR New Material](https://endata.com/companies/76531.md)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2024/03/30/1779453), 2024-03-30: "وافقت الحكومة المغربية على مشروع مجموعة "بي تي آر نيو ماتيريال" الصينية المتخصصة في صناعة البطاريات الكهربائية، لبناء مصنع بالقرب من طنجة لإنتاج الأقطاب الكهربائية السالبة "الكاثود"."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.