EV Metals Group appoints key leader to drive development of Battery Chemicals Complex in the Kingdom of Saudi Arabia
Monday 9th January 2023: EV Metals Group plc (EVM), a global battery materials and technology company, is pleased to announce the official appointment of Mohammad Bajba as Managing Director and Chief Executive Officer of EV Metals Arabia Company for Industry (EVM Arabia), a wholly owned subsidiary of EVM in the Kingdom of Saudi Arabia.
Mohammad Bajba is a dynamic business leader who has over three decades of experience with a major focus on technology and energy in the Kingdom, making him ideally positioned to further develop the business goals for EVM Arabia. At the forefront of this will be the execution and delivery of the Battery Chemicals Complex in the Kingdom of Saudi Arabia (KSA).
EVM Arabia will commence construction of the world’s first Battery Chemicals Complex at Yanbu Industrial City in Q3 2023 with initial development of the Lithium Chemicals Plant, which will produce high purity Lithium Hydroxide Monohydrate. The Battery Chemicals Complex will be further developed with additional construction of a Nickel Chemicals Plant producing high purity Nickel, Cobalt and Manganese Sulphate. The Battery Chemicals Complex has been recognised as a project of strategic national importance to the Kingdom.
Michael Naylor, Chairman of EVM Arabia and Managing Director and CEO of EV Metals Group, commented:
“On behalf of the Board, I am delighted to have Mohammad leading our company in the Kingdom. He has a wealth of knowledge built up from extensive experience in driving forward multimillion dollar projects. His role in EVM Arabia will be to work alongside the ministries and lead agencies to advance and develop the Battery Chemicals Complex as a global midstream hub, producing the high purity battery chemicals and battery materials required by electric vehicle and battery cell manufacturers. He will be supported by Rod Stanimirovic as Company Secretary and Finance Director, as well as other key team members.”
Mohammad Bajba, Managing Director and CEO of EV Metals Arabia for Industry, added:
“2023 will be a pivotal year for the EVM in the Kingdom, as we commence construction of our Battery Chemicals Complex and see our plans being realised for a major midstream processing facility of high purity chemicals essential to electric vehicle and battery cell manufacturers. The Kingdom has a clear strategic economic plan for industrial diversification through Vision 2030, which is further strengthened by its first-class infrastructure. These are key factors underpinning EVM’s aspirations to develop a successful battery chemicals industry in the Kingdom. The operational development of the Battery Chemicals Complex will lead to job creation in the clean energy transition sector, provide business opportunities for the region and showcase the Kingdom and its abilities to attract foreign direct investment.”
The energy transition is accelerating global demand for critical raw materials, high purity chemicals and cathode active materials (CAM) required by the transition to electrification.
EVM participates in each stage of the battery materials supply chain required by electric vehicle and battery cell manufacturers. The upstream inventory of critical raw materials from Western Australia will supply feedstock to the Battery Chemicals Complex for midstream chemical processing, which will lead to downstream processing of high purity chemicals to produce battery materials at localised manufacturing plants. This is supported by world-class battery material technology, product development and innovation.
EVM is a fully integrated battery materials supply chain company set to produce CAM for electric vehicles and battery cell manufacturers in Europe, North America and the Kingdom of Saudi Arabia; seeking long term, transparent, stable and geopolitically aligned supply chains.
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About EV Metals Group
EV Metals Group plc (EVM) is a global battery materials and technology company committed to a clean energy future.
We are focused on the production of high purity chemicals and battery materials required in rechargeable batteries for electric vehicles and renewable energy storage.
Our business model is based on integration of upstream, midstream and downstream proprietary supply chains from in-situ critical raw materials to downstream production of high purity chemicals and cathode active materials (CAM).
Our recent acquisition of the Battery Materials Business of Johnson Matthey uniquely positions EVM to become a pre-eminent producer of battery materials vital to the transition to electrification.
We have secured long term and stable supplies of critical raw materials that will be used as feedstock for our world first integrated Battery Chemicals Complex being built in Yanbu Industrial City in the Kingdom of Saudi Arabia (KSA). The Battery Chemicals Complex will produce high purity chemicals containing lithium, nickel, cobalt, manganese and other metals.
We will produce CAM for electric vehicle and battery cell manufacturers in Europe, North America and KSA seeking long term, transparent and geopolitically aligned supply chains.
EVM has a highly knowledgeable executive and management team with over 180 years of combined experience in upstream, midstream and downstream processing of minerals, metals and chemicals for global markets.
As part of our commitment to sustainable and responsible business practices, EVM has embedded the Ten Principles of the United Nations Global Compact into our strategies and operations. We are committed to respecting human and labour rights, safeguarding the environment, and working against corruption in all its forms.
Incorporated in 2014, EVM is a private company with locations in Western Australia, United Kingdom and KSA.
For further information on EVM please visit www.evmetalsgroup.com.