Vertical Integration

Vertical Integration: Managing the battery supply chain

Sustainability Unified Cell

**Battery technology is based on raw materials and components such as cathode material and electrodes.** PowerCo aims to integrate the entire battery value chain from mining to production and recycling, taking all relevant steps of battery production into our own hands. Vertical integration is a key lever to establish a reliable, sustainable and competitive battery cell production.

“Our goal is to build a robust, sustainable battery supply chain with strong roots in Europe and North America – something that is not yet existing today.”

Jörg Teichmann | Chief Procurement Officer

Ionway

Ionway is a European battery materials company, founded by PowerCo and Umicore. The joint venture will produce cathode active materials in Nysa, Poland, covering the most important component of battery cells. Ionway’s mission is to supply PowerCo with sustainable, reliable battery materials made in Europe.

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Battery Value Chain

Mining

Refining

Battery Materials Production

Cell Production

Recycling

Responsible Raw Materials

PowerCo is committed to responsible raw materials sourcing and wants to contribute to the long-term transformation of the mining sector towards more sustainability. We are promoting industry-leading IRMA standards in our supply chain and are contributing to Volkswagen Group’s Raw Materials Reporting.

Raw Materials Report