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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. ++ This article has been updated.
Northvolt insists that the Portuguese plant will be “the largest and most sustainable integrated lithium conversion plant in Europe” and “a milestone in the development of a European battery value chain”.
The plant will be able to deliver lithium hydroxide sufficient for 50 GWh of battery production per year (sufficient for approximately 700,000 electric vehicles). As part of the agreement, Northvolt will secure an offtake for up to 50% of the plant’s capacity for use in its battery manufacturing.
Volkswagen also ships cars from Setubal, so much of the infrastructure was already there. But not everyone is happy about Portugal’s increasingly big role in the lithium supply chain. Unconnected to Aurora, British company Savannah Resources plans to open Europe’s biggest open-cast lithium mine in northern Portugal.
The Aurora project should, de Sousa Martins says, encourage investment from other players into the lithium value chain in Portugal, “like cell production, gigafactories, recycling and, of course, more than anything, into the mining world”.
The Aurora joint venture lithium conversion plant is expected to have an initial production capacity of 28,000 to 35,000 tonnes of battery-grade lithium hydroxide per year. According to Northvolt, up to €700 million will be invested, creating more than 200 direct jobs and more than 3,000 indirect jobs in the region.
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The plant will be able to deliver lithium hydroxide sufficient for 50 GWh of battery production per year (sufficient for approximately 700,000 electric vehicles). As part of …
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Galp and Northvolt have established a joint venture named Aurora to develop Europe''s largest and most sustainable lithium conversion plant in Portugal. The plant will have …
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Galp and Northvolt have established a joint venture named Aurora to …
The plant will be able to deliver lithium hydroxide sufficient for 50 GWh of battery production per year (sufficient for approximately 700,000 electric vehicles). As part of …
The Aurora joint venture lithium conversion plant is expected to have an initial production capacity of 28,000 to 35,000 tonnes of battery-grade lithium hydroxide per year. …
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