| Project Detail |
The project concerns the construction of two demonstration plants located in central France for the production of battery grade lithium hydroxide monohydrate. The concentrator demonstration plant will be located at the mine site near Echassières and the conversion demonstration plant will be located in an industrial park near Montluçon. The project will not produce commercial quantities of material.
Objectives
The demonstration plants are designed to prove the selected technology, allowing the promoter to de-risk the future commercial plants by identifying issues and reducing the time to ramp-up the technology. Additionally, the demonstration plants will provide the opportunity to train the operations teams leading to an acceleration in the ramp-up in production rate and reducing the time to bring the product to the market. The project and subsequent commercial plants address the growing demand for lithium for battery applications in the EU and aligns with the goals of the green transition, particularly the decarbonisation of the transport sector.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 56 million
Total cost (Approximate amount)
EUR 112 million |
