Another lithium processing plant is being built in Saudi Arabia. This is being built as part of a joint venture between the Australian mining company European Lithium and the Saudi industrial group Obeikan Group.
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Fortum Battery Recycling and AMG Lithium have signed a preliminary contract and a memorandum of understanding (MoU) on the recycling of lithium salts. The common goal is to process lithium salts in Germany into battery-grade lithium hydroxide.
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Ford is procuring lithium on a large scale for the batteries for its electric cars. The carmaker now signed agreements with five companies. Depending on the supplier, the first battery-grade materials will be delivered to the carmaker between 2025 and 2026.
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Tesla has officially begun construction of its own lithium refinery in Texas and plans to complete it next year. By 2025, Tesla plans to produce enough battery-grade lithium hydroxide for one million electric cars at the site near Corpus Christi.
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The American speciality chemicals company Albemarle has announced a doubling of the production capacity of its Kemerton lithium hydroxide plant in Western Australia. Instead of 50,000 tonnes per year, the plant will be able to produce 100,000 tonnes of lithium hydroxide at full capacity.
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The South Korean battery manufacturer LG Energy Solution has signed a letter of intent with the Chinese Yahua Industrial Group to produce lithium hydroxide in Morocco. The location was a strategic choice.
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Rock Tech Lithium has broken ground for its lithium plant in Guben, Brandenburg. The German-Canadian raw materials company is building a converter plant there to produce battery-grade lithium hydroxide for use in electromobility.
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Rock Tech Lithium has made another step towards opening its plant in Germany as it obtained the first partial license for its lithium hydroxide conversion plant in Guben (the “Guben Converter”). The official groundbreaking is planned for 27 March.
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LG Chem has secured lithium from North America. The South Korean chemical company has signed offtake agreements with Piedmont Lithium for a total of 200,000 metric tons of spodumene concentrate (SC6). In addition, LG has also taken a financial stake in Piedmont.
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The Australian battery materials company EV Metals Group has secured 127 hectares of land in Saudi Arabia to build a battery chemicals processing complex. Production of lithium hydroxide at the plant located in Yanbu Industrial City is scheduled to start in 2026.
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Rock Tech Lithium has received approval for an early start from the responsible State Office for the Environment for the construction of its lithium converter in Guben, Brandenburg, and is planning the first major work on-site in the next few weeks.
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Finnish mining and battery chemicals company Keliber is aiming to mine spodumene from an ore mine and build an adjacent lithium hydroxide refinery in Finland. Preliminary work for the construction of the refinery at Kokkola Industrial Park (KIP) is expected to start this year.
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Both a lithium refinery and a recycling plant for electric vehicle batteries are to be built in Teesside in the north-east of England. Both projects are supported by the new British government and are expected to create hundreds of local jobs.
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South Korean battery cell manufacturer SK On has signed a lithium supply contract with Chilean supplier SQM. SK On will buy up to 57,000 tonnes of lithium hydroxide from SQM over a five-year period starting in 2023.
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Stellantis has invested €50 million in Vulcan Energy Resources and becomes the second-largest shareholder of the German-Australian lithium producer with an eight per cent stake. Vulcan and Stellantis have also extended their binding off-take agreement for lithium hydroxide by five to ten years.
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Stellantis has entered into a binding offtake agreement for lithium hydroxide with Controlled Thermal Resources (CTR). The battery-grade material mined by CTR in California will be used in electric cars manufactured in North America.
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The lithium processing company Green Lithium has published plans to build the UK’s first lithium refinery in the north of England. For the project, the company is cooperating with the raw materials trader Trafigura.
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Rock Tech Lithium has agreed to collaborate with the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT and supply chain tracking provider Circulor. The goal of the cooperation is to obtain comprehensive transparency of the lithium value chain.
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Rock Tech Lithium plans to build a production plant for battery-grade lithium hydroxide in Romania. A memorandum of understanding now signed by the company with the Romanian Ministry of Energy provides for investments of 400 million euros for this purpose.
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The German-Canadian company Rock Tech Lithium is considering a second production site in Germany. The first production plant for battery-grade lithium hydroxide is to be built in Guben, Brandenburg, as announced last year.
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The South Korean steel company Posco is investing 830 million US dollars in a new lithium factory in Argentina. This is to be built near the salt lake Salar del Hombre Muerto in northern Argentina from the first half of 2022.
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The Swedish battery cell manufacturer Northvolt is setting up a 50:50 joint venture with Portugal’s energy company Galp. Under the direction of the joint venture Aurora, a lithium conversion plant will be built in Portugal. The future location of the plant is still under discussion.
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Tesla has signed a new framework agreement with Ganfeng Lithium for the supply of lithium hydroxide for three years starting in 2022. The sales volume and order value are to be determined on the basis of Tesla’s specific orders.
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Materials technology and recycling group Umicore has signed long-term lithium supply agreements with Ganfeng Lithium and Vulcan Energy Resources. Both contracts have an initial term of five years and can be extended by mutual agreement.
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Rock Tech Lithium announces the construction of a production plant for battery-grade lithium hydroxide in Guben, Brandenburg – 60 kilometres from Tesla’s plant in Grünheide. The plan is to produce around 24,000 tonnes of lithium hydroxide per year there, or enough for around 500,000 electric cars.
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The German-Australian lithium producer Vulcan Energy announces that it has produced lithium hydroxide monohydrate using geothermal energy for the first time. The company also plans to move its planned central processing facility to the Höchst Chemical Park near Frankfurt.
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Vulcan Energy announces another prominent customer for the supply of lithium extracted from thermal water in the Upper Rhine Graben. Renault is the second carmaker after the Stellantis Group banking on battery metal coming through the German-Australian company.
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Lithium supplier Vulcan Energy has signed a long-term supply contract with Korean battery manufacturer LG Energy Solution (LGES). What’s special: Vulcan Energy wants to extract its lithium from thermal water in the Upper Rhine Graben.
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General Motors has agreed a strategic investment and collaboration with Controlled Thermal Resources (CTR) to secure lithium from the US. The cooperation is intended to accelerate the introduction of lithium extraction methods that have a less harmful impact on the environment.
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A freshly signed letter of intent between the Australian mining company Infinity Lithium and LG Energy Solution provides for the commodities group to supply the South Korean battery manufacturer with battery-grade lithium hydroxide from its Spanish project in San Jose for at least five years.
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