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22/12/2024
Mining News

Livista moves closer to first European lithium refinery

Livista’s new lithium chemical plant, which is forecast to start output in 2026, is expected to initially produce 40,000 tonnes per year of battery-grade lithium products, or 30,000 tonnes of lithium hydroxide and 10,000 tonnes of lithium carbonate equivalent (LCE) annually.

This is enough to supply the battery needs of around 850,000 electric vehicles (EV), with the potential to double production capacity to meet growing EV demand and requirements for high-grade, locally refined lithium chemicals, according to Livista.

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The company said the recycled feedstock will be key to reducing the plant’s environmental impact while ramping up Europe’s energy independence and security. Many automotive original equipment manufacturers (OEMs) are focusing on securing recycled content material with a lower carbon footprint in a bid to meet net-zero emissions targets.

Black mass – the powdery residue made of lithium, nickel, cobalt and other raw materials that forms when lithium-ion batteries are dismantled and shredded – can be recovered and reused. Fastmarkets recently launched weekly payable indicators for black mass in South Korea.

In addition, the Livista refinery will accept spodumene, crude lithium carbonate and lithium sulphate, direct from mines.

Engineering and technology firm Technip Energies has been selected to deliver the front-end engineering and design (FEED) as well as the detailed feasibility study for the refinery, including early works for an expansion to double its capacity. Technip will also perform a pre-FEED for a second plant, based on the design of the first plant in a move to boost efficiencies and lower overall costs, Livista added.

“This collaboration will set the path towards filling a critical gap in the European EV and lithium-Ion battery supply chain, as nearly all lithium is currently refined in Asia,” Jean-Marc Ichbia, chief operating officer of Livista, said.

He added: “The capacity of our plants to accept recycled battery materials will make us a key part of the circular economy and will support our customers in sourcing lithium directly in Europe. Livista will also support the EU with its EV growth objectives, and sourcing of local materials, alongside moving towards energy independence.”

The development of Livista’s lithium chemicals refinery in Europe comes with the region’s move to comply with the requirements of the Critical Raw Material Act, which mandates that all batteries produced in Europe contain a minimum percentage of lithium battery grade product produced locally by 2030.

Outside of Asia, the choke point in the battery supply chain is at the mid-tier processing level. Although more processing supply is planned and mining companies have moved further down the supply chain, the midstream value chain that converts raw materials into lithium chemicals still remains under significant pressure.

According to Livista, Europe’s demand for lithium chemicals is expected to reach 400,000 tonnes per year by 2030.

 

Source: Fastmarkets

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