Europe needs a lot of battery metals…

>800 GWh battery manufacturing capacity by 2030 to supply the electric vehicle market

Per annum, this equates to approximately:

– 160,000 tonnes of cobalt
– 500,000 tonnes of nickel
– 1,300,000 tonnes of copper

ESG Compliant ?

environmental

ENVIRONMENTAL

EU Regulation: From 1 January 2026, lithium-ion batteries will have to bear a carbon intensity performance class label and from 1 July 2027, must comply with maximum carbon footprint thresholds. The EU will ban batteries not meeting the new regulation.

…with low CO2 footprint: EU Battery Regulation

Combined, this EU Cu-Ni-Co metal requirement for EVs will emit approximately: 10Mt CO2 Eq. per annum

environmental
social

SOCIAL

EU regulation: Manufacturers will have to demonstrate that they are sourcing raw materials in a responsible way through a digital passport tracking all battery materials used in the battery composition.

…ethically sourced

  • Current strong ethical traceability issues for cobalt: child labour, exploitation, corruption.
  • International Rights Advocates file federal case on behalf of children killed in DRC cobalt mines.
social
governance

GOVERNANCE

EU regulation: for requirements related to the carbon footprint and the responsible sourcing of raw materials, mandatory third-party verification will be required. Each battery will have a digital passport tracking all components coming from upstream

…and responsibly sourced

governance
Climate Change Awareness is creating a whole new market for zero carbon sources of battery metals.

Kuniko Chairman Gavin Rezos

Europe's unprecedented need for Battery Metals

Europe now sells more electric vehicles than China (ref: Forbes, Aug 2020). It is the fastest growing electric vehicle manufacturing market in the world. It is exponentially increasing its domestic lithium-ion battery production capacity to meet this demand, making it the fastest growing battery metals market in the world. However, Europe has very limited domestic production of battery-quality battery metals.

Kuniko’s Projects will reduce this almost total reliance on external sources of battery metals by offering a local and sustainable source of nickel, cobalt and copper.

Proximity to the Fastest Growing Lithium Market

Clients
Clients
Clients

THE EU'S PUSH FOR CARBON NEUTRAL

  • The EU declared a climate emergency and pledged to cut emissions by 55% by 2030 with a goal of net zero by 2050.
  • The European Commission is requiring ‘CO2 Passports’ for all electric vehicles, detailing their full CO2 impact.
  • Volkswagen, and other European OEMs, are placing greater importance on carbon-neutral supply chains for their electric vehicles, putting in place sustainability metrics for suppliers on par with price.
  • Current battery metals supply chains are not geared towards low carbon intensity production, leaving a gap in the market for Kuniko.
  • Kuniko’s process and product could therefore have a significant, percentage-sized impact on Europe’s annual CO2 reduction requirements to get to net zero by 2050.
Clients

THE NEW EU BATTERY REGULATION

New measures announced in December 2020 including:

FOCUS MARKETS

Zero Carbon CobaltTM Fundamentals

Zero Carbon CopperTM Fundamentals

Zero Carbon NickelTM Fundamentals