By : Inspenet, November 14, 2022
Green Lithium has announced that it will build the UK’s first large-scale lithium refinery at PD Ports in Teesside, UK. The creation of this major facility will begin to meet the urgent needs of the UK and EU automotive and battery manufacturing sectors, as the global transition to electric vehicles (EVs) creates an ever-increasing need for lithium processing on the mainland.
With a UK Government grant of more than £600,000, the new facility will have an annual production capacity of 50,000 tonnes of low-carbon, battery-grade lithium chemicals.
The plant is estimated to cost £600m to build, according to The Guardian.
“Currently there is no lithium refining capacity in Europe; Localized lithium refining is urgently needed to meet the exponential growth in European demand and hedge against the uncertainty of precarious international supply chains. Without localized supply, Europe’s battery, energy storage and automotive sectors will fail,” said Sean Sargent, CEO of Green Lithium.
“Crucially, Green Lithium will use a world-leading, sustainable, low-carbon refining process that has an 80% lower carbon footprint than traditional refineries in existing markets.”
The company is supported by the commodity trading company Trafigura.
Source : https://petrobanca.com/the-united-kingdom-announces-its-first-lithium-refinery-in-teesside/ – https://greenlithium.co.uk/news/uks-first-lithium -refinery-to-be-built-in-teesside
Photo: ShutterStock
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