Diversified natural resources group Eurasian Resources Group (ERG) is assessing options for the construction of a plant to produce nickel/cobalt/manganese (NCM) precursor materials for use in lithium-ion batteries in electric vehicles (EVs). The group is planning to develop the proposed plant in two phases, with the first to deliver 90 000 t/y of NCM. The second phase expansion will be dependent on market conditions.
