| Project Detail |
The project concerns the construction of the first commercial plant in Europe (Guben, Germany) to produce lithium hydroxide, one of the key material used for electric vehicle battery manufacturing.
Objectives
The EIB financing supports the creation of capacities to produce one of key components of electric vehicle batteries, hence enabling the EUs green transition.
Comments
Subsector: Manufacture of basic metals and manufacture of fabricated metal products
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 560 million |
