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Drive for e-batteries: Europe's first lithium hydroxide converter to be built in Brandenburg, Germany
Drive for e-batteries: Europe's first lithium hydroxide converter to be built in Brandenb...
About this update from Rock Tech Lithium Inc.
[{"type":"text","content":"\n \n \n \n Drive for e-batteries: Europe's first lithium hydroxide converter to be built in Brandenburg, Germany\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n \n Planned investment sum\n \n 470 million euros\n \n , expected production start in 2024\n \n \n \n \n \n \n Central component of the European battery value chain secures the lithium requirements of around 500,000 electric vehicles per year\n \n \n \n \n \n \n Brandenburg's Economics Minister Steinbach: \"With Rock Tech Lithium, we are strengthening our position as the future center of European e-mobility.\"\n \n \n \n \n GUBEN,\n \n Germany\n \n ,\n \n Oct. 10, 2021\n \n /PRNewswire/ - Rock Tech Lithium Inc., a cleantech company with offices in\n \n Canada\n \n and\n \n Germany\n \n , is planning to build\n \n Europe's\n \n first lithium converter - a production plant for battery-grade lithium hydroxide - in Guben, Brandenburg.\n \n \n The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The investment decision for all production steps still depends, among other things, on ongoing discussions regarding subsidies already applied for or still to be applied for. With its long industrial tradition and existing infrastructure, the region offers the best conditions for becoming a central component of the battery value chain and thus part of Brandenburg's e-mobility cluster. The planned total investment volume at the Guben site for all factory units is up to\n \n 470 million euros\n \n . With the entire plant in operation, around 160 technicians, engineers and production staff would be employed on site. Together, they would produce around 24,000 metric tons of lithium hydroxide per year. This would correspond to the volume needed to equip around 500,000 electric cars with lithium-ion batteries.\n \n \n With the acquisition of the site in the Guben South industrial park, Rock Tech Lithium is now creating the basis for the planned converter construction. The site, which covers a total of around twelve hectares, offer...