Last week some small but important steps for more battery materials produced in Europe have been announced. On November 13, the EU Council and Parliament reached a deal on the proposed regulation establishing a framework to ensure a secure and sustainable supply of critical raw materials, the so called Critical Raw Materials Act. The proposal […]
Strengthening the supply chain for the European battery industry Read More »
Europe can proudly and accurately call itself a climate leader in a number of spheres. The Fit for 55 package is the latest boost to Europe’s green ambitions, confirmed regarding the transport sector by a positive vote of the EU Council in the June for increased CO2 reduction targets for new cars and new vans
A domestic raw material supply chain is essential for Europe’s battery ambition Read More »
The strategic alliances along the European battery value chain continues to expand. Last week, Stellantis announced a €50 million equity investment in Vulcan Energy, becoming the second largest shareholder in the lithium company. This investment will go towards Vulcan’s planned production expansion drilling in its producing Upper Rhine Valley Brine Field (URVBF) and will increase
Stellantis becomes shareholder in decarbonized lithium company Vulcan Energy Read More »
We are happy to relay the annoucements of several key projects that will further strengthen the European supply chain for batteries. Let’s begin with the establishment of the joint venture ‘Aurora’ between Galp and Northvolt to develop a lithium conversion facility. Announced today, this joint venture is engaged in the development of Europe’s largest and
Significant upstream developments in the European battery value chain Read More »
Batteries are without a doubt a cornerstone in the energy transition. The development of sustainable and transparent supply chains for the battery industry is therefore of highest priority. And with the surge in demand for batteries, new sources for battery raw materials need to be developed. Lithium, for example, will remain the main building block
We are happy to communicate that Infinity Lithium, one of the projects included in the Business Investment Platform, has signed a Memorandum of Understanding (MoU) with the Korean Group LG for the negotiation of a binding off-take agreement of Lithium Hydroxide (LiOH) produced in their future extraction and refining platform in Cáceres, Spain. The contract
Infinity Lithium signs MoU with LG Energy Solution for lithium offtake Read More »
Rio Tinto and InoBat have just signed a Memorandum of Understanding (MoU) aiming at accelerating the establishment of a local battery value chain in Serbia. The partnership will cover the full commodity life-cycle from mining to recycling of lithium. According to the press release issued yesterday, Rio Tinto’s Jadar project in Serbia has the potential
Rio Tinto partners with InoBat to explore innovative lithium battery initiative Read More »
The new Biden administration has in one of the first Executive Orders “identified the importance of mitigating risks in the supply chain for large capacity batteries”. This underlines the importance of the strategy applied from the European Battery Alliance from day one to address the entire value chain for batteries. The ongoing pandemic has only
Savannah announced earlier this week the signature of a Heads of Agreement (HoA) with the major diversified Portuguese energy group, Galp Energia, regarding a proposed strategic investment and alliance in the lithium field around the Mina do Barroso Lithium Project in northern Portugal. Galp’s strategic presence and experience in Portugal and Europe’s energy sector will
Access to sustainable raw materials is not only an important cornerstone in building a European battery value chain. It is also a strategic security question for Europe’s ambition to deliver the Green Deal. Lithium has been identified by the European Commission as a vital supply that needs to be produced domestically. While China currently produces
Towards a fully integrated supply chain in Europe Read More »