AMG Essential Supplies has efficiently opened Europe’s first lithium hydroxide refinery in Bitterfeld-Wolfen, Germany.
AMG Lithium BV, which oversees all of AMG’s lithium operations, began producing battery-grade lithium hydroxide on the first of its 5 deliberate modules on the web site on Wednesday (18 September).
One module’s annual capability is 20,000 tonnes (t), sufficient for round 500,000 electrical car (EV) batteries. AMG’s first module is bought out, and it plans to develop manufacturing to 100,000 tonnes each year (tpa) of battery-grade lithium hydroxide by 2030.
Latest forecasts by Benchmark undertaking 700,000t of lithium might be wanted for European batteries in 2030.
Heinz Schimmelbusch, chairman of the administration board and CEO of AMG NV, stated: “With the refinery, we’re the primary mover, making a decisive contribution to securing the provision of the crucial uncooked materials lithium for the business in Germany and Europe.
“The institution of our personal full lithium worth chain additionally contributes to the European Essential Uncooked Supplies Act and provides better independence for uncooked supplies and significant supplies.”
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Lithium hydroxide is a key ingredient in manufacturing cathode supplies for EV batteries, contributing to the transition in direction of carbon-neutral transportation.
A number of European lithium mining and refining tasks are anticipated to start out business operations subsequent yr, supported by OEMs searching for to regionalise battery provide chains and cut back reliance on imports.
Nonetheless, a number of European corporations are experiencing vital setbacks.
Based on Galp, a associate within the 50-50 three way partnership Aurora with Swedish battery maker Northvolt, building of its battery-grade lithium refinery in Portugal might be delayed till 2026 on account of undertaking complexity and grant funding uncertainty.
The refinery, which is costing greater than €1bn ($1.10bn), goals for an preliminary manufacturing capability of as much as 35,000tpa of lithium hydroxide
Tees Valley Lithium revealed final month that it had made vital progress in securing funding amounting to £19.5m ($25.89m) for its Wilton refinery undertaking. The funding goals to help the surge in EV adoption within the UK.
The lithium refinery in Teesside goals to supply 96,000tpa of lithium hydroxide. It’ll meet 100% of the UK’s predicted automotive demand for lithium by 2030 and can export 35% of its manufacturing to different European international locations and past.