Vulcan Energy Resources (VUL) has begun the production of sustainable lithium hydroxide at its Central Lithium Electrolysis Optimisation Plant (CLEOP) in Frankfurt, Germany. This marks Europe’s first domestic production of sustainable lithium hydroxide, integrating raw material extraction with final product manufacturing.
Sustainable Lithium Production with Integrated Supply Chain
The initial phase, named Lionheart, will deliver approximately 24,000 tonnes per annum of lithium hydroxide, supplying enough for 500,000 electric vehicles annually. The process also generates renewable heat and power, supporting local communities in reducing their carbon footprint.
Project Financing and Collaborations
Financing is supported by BNP Paribas, the European Investment Bank, and several international banks, ensuring project continuity. Vulcan collaborates with partners like Stellantis, Renault, LG, and Umicore for battery-grade lithium qualification.
Strategic Location Enhances Competitiveness
Vulcan’s operations are strategically located in central Europe, reducing transport costs and carbon emissions while meeting automotive and battery industry demands efficiently.
Leadership Remarks
Cris Moreno, managing director and CEO of Vulcan Energy Resources, emphasized that this milestone strengthens the supply chain resilience for Germany and Europe, offering a sustainable and cost-competitive lithium product.
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