AMG Critical Materials N.V. has commissioned a new lithium hydroxide refinery in Bitterfeld-Wolfen in Saxony-Anhalt, Germany. In the first of five planned modules, subsidiary AMG Lithium has started production of battery-grade lithium hydroxide to supply the European battery industry.
100,000 tons of lithium hydroxide annually by 2030
Each module is designed to have an annual production capacity of 20,000 tons, enough for the batteries of approximately 500,000 electric vehicles. AMG plans to gradually increase production in line with demand. When all five modules are in operation by 2030, this could cover around 14 percent of the forecast demand for lithium hydroxide in Europe. The Bitterfeld-Wolfen refinery will use spodumene concentrate from AMGʼs mine in Brazil.
