Aesir Technologies Announces Partnership With the Eramen Minerals, Inc

Oct 2021

US-based AEsir Technologies has announced a partnership with Eramen Minerals located in Manilla, Philippines to construct a 1.5 GWh Nickel Zinc (NiZn) battery manufacturing facility in the Philippines. The partnership will represent a vertically integrated business leveraging the abundant nickel reserves in the region to produce a battery-grade nickel hydroxide to supply the battery manufacturing plant.

Eramen Minerals is a leader in the nickel mining industry with operations situated in Sta. Cruz and Candelaria, Zambales, covering 4,620.hectares (11,400 acres). Eramin Minerals’ current annual production is between 600,000 to 1.5 Million wet metric tons. The partnership between AEsir and Eramin Minerals will consist of a nickel hydroxide processing plant located on the Zambales mine site and a NiZn battery plant located in Manila. The combined projects will bring over USD 180 million in investment into the Philippines and support over 1.5 Gigawatt hours of energy storage production.

(Source: AEsir Technologies)

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