Investment to Drive Sustainable Lithium Production for Electric Vehicles
Spain has awarded €21 million to Bondalti’s Lifthium Energy division to develop a low-emissions lithium hydroxide monohydrate (LHM) refinery in Torrelavega. This funding is part of the Perte Vec III initiative, designed to support the electric vehicle (EV) industry. The new facility will harness renewable energy to implement an innovative electrolysis process, which aims to reduce carbon emissions by up to 70% when using recycled materials.
The refinery is expected to produce 28,000 tons of LHM annually, with construction slated to begin in 2026 and completion targeted for 2027. This project is among the first to benefit from the €300 million Perte Vec III program, which focuses on enhancing the EV battery value chain.
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