In accordance with the Dutch specialty supplies group, the annual capability of 1 module is 20,000 tonnes of batttery-grade lithium hydroxide per 12 months – sufficient for the batteries of round 500,000 electrical automobiles.
The primary module is bought out and by 2030, AMG’s idea is to increase annual manufacturing as much as 100,000 tonnes of battery-grade lithium hydroxide from 5 modules, relying on market circumstances.
The projected manufacturing, mentioned AMG, represents 14% market share of the projected relevant market in Europe for 2030, primarily based on EV market forecast from Benchmark Mineral Intelligence.
“With the refinery, we’re the primary mover, making a decisive contribution to securing the provision of the crucial uncooked materials lithium for the trade in Germany and Europe,” AMG CEO Dr. Heinz Schimmelbusch mentioned in a information launch.
“The institution of our personal full lithium worth chain additionally contributes to the European Vital Uncooked Supplies Act and provides larger independence for uncooked supplies and important supplies,” he mentioned.
Dr. Stefan Scherer, managing director of AMG’s lithium unit, added: “AMG is ahead trying – creating cutting-edge expertise and supplies to assist the market improvement of subsequent technology, sulfur-based all-solid-state-batteries intently along with the principle gamers within the trade.”