Morocco: BTR Anode Battery Materials (AIIB-000983)

Countries
  • Morocco
Geographic location where the impacts of the investment may be experienced.
Specific Location
Tangier
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
BTR New Material Group Co., Ltd.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 19.67 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 65.15 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS Oct 28, 2026

Disclosed by Bank Oct 27, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

according to bank provided information, the project objective is to support the sustainable production of anode materials of lithium-ion batteries, thereby contributing to the decarbonization of transport and energy systems.

Established in 2000, BTR New Material Group Co., Ltd. (BTR or the Guarantor) is a global leader in the research, production, and sales of lithium-ion battery materials.

Having established several manufacturing facilities in Asia, BTR is constructing its first synthetic anode manufacturing facility outside the region, to be located in Tangier, Morocco (the Project). The Project involves the construction and operation of an integrated synthetic graphite anode materials manufacturing facility with an annual production capacity of 60,000 tons. Synthetic graphite anode materials are a critical component of lithium-ion batteries used in electric vehicles (EVs) and energy storage systems.

The proposed financing consists of a senior corporate loan to BTR Mediterranean Anode New Material Technology (the Borrower), BTR's subsidiary in Morocco. AIIB's financing will be used to support the capital expenditure requirements of the Project.

The proposed financing is expected to support the production of lithium-ion batteries used in EVs and energy storage systems, thereby contributing to the decarbonization of transport and energy systems. In addition, the Project will also facilitate the development of battery materials manufacturing capacity in Morocco and strengthen battery value chains serving international markets.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

 

PROJECT TEAM LEADER

Asian Infrastructure Investment Bank

Cassie Changyu Sun

Investment Officer

changyu.sun@aiib.org

Ming Hao

Senior Investment Officer

ming.hao@aiib.org

BORROWER

BTR Mediterranean Anode New Material Technology

Yao Xia

Chief Financial Officer

xiayao@btrchina.com

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html

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