Frankfurt, April 20, 2021
Today, AMG Lithium GmbH and Chemiepark Bitterfeld-Wolfen GmbH concluded a purchase agreement for a plot of land on the premises of Chemiepark Bitterfeld-Wolfen. On this property, AMG Lithium will build a production plant for lithium hydroxide battery-grade. The aim is to supply the European battery industry with this key raw material reliably and with short delivery routes.
Lithium hydroxide battery-grade is used to produce cathode materials that are installed in cells for lithium-ion batteries. The battery grade quality produced in this plant is characterized by an extremely low content of impurities - an essential requirement for use in battery cells.
"On the property, we will initially build a plant with an annual capacity of 20,000 tons. This is scheduled to go into operation in 2023," says Stefan Scherer, managing director of AMG Lithium GmbH. "The size of the property is such that we will be able to increase the annual capacity to up to 100,000 tons in subsequent years by adding further modules," Scherer added.
The availability of battery materials is the central driver for the sustainable success of the mega trends electromobility and stationary energy storage. Therefore, Chemiepark Bitterfeld-Wolfen GmbH is very pleased about the settlement of AMG Lithium GmbH with Germany's first lithium refinery.
"By locating AMG, we will further strengthen our position in Energy Materials," says Patrice Heine, managing director of CPG. "We are currently feeling a lot of momentum in the segment, with new battery materials or, for example, porous materials for capacitors. In the medium term, we want to bring the entire value chain for battery materials to our site - and, by truly recycling the batteries, transfer them to a sustainable circular economy.“
