CATL signed a cooperation memorandum with Rio Tinto Group.

Recently, Rio Tinto Group and CATL signed a Memorandum of Understanding on Establishing a Partnership, and the two parties will deepen cooperation in three directions: electrification strategy development and innovation, supply chain and circular economy, and commercial and cooperation mechanisms, in order to jointly seize the new industrial opportunities brought about by the low-carbon transformation. According to the Memorandum, the two parties will focus on promoting electrification applications in the mining operation field, exploring commercial pathways for battery material recycling and key mineral resource recycling development, and researching circular economy practices and diverse cooperation models. CATL will leverage its advantages in battery technology, system integration, and new energy solutions to help Rio Tinto improve operational efficiency, promote carbon emission reduction, and advance electrification processes.