Notably, in May the EIB agreed on a €350m loan for a Northvolt Giga-factory in Sweden, which could serve as reference for other investors and future projects, says Sefcovic. It does not store any personal data.Founder, EC VP, Marc Sefcovic says €1bn has already been announced for flagship projects covering the entire supply chain, supported in large part by the European Investment Bank (EIB). The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. ![]() The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is used to store the user consent for the cookies in the category "Other. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Rock Tech Lithium Inc, Günter Papenburg AG and Knauf Gips KG establish German Lithium Institute to promote interdisciplinary circular economy for lithium in Germany, VANCOUVER, BC, October 25, 2021 The institute consists of three departments: In addition to the “Material Economics” department, which is primarily dedicated to byproduct value creation, the “Green Hydrogen” department is working on CO2-neutral production, and the “Recycling and Resources” department is working on optimizing refinery processes. “From our point of view, the cooperation promises high chances for a technological lead in Germany,” The institute has a unique selling point in the German research landscape: a corresponding facility currently exists neither close to science nor as a cooperative project of industry. Wehrspohn from Martin Luther University Halle-Wittenberg. Here, the aspect of resource economics is gaining in importance, especially the optimal reuse of by-products. In times of dwindling resources, greater sensitivity to the issue of recycling is essential. Ulrich Blum of Martin Luther University Halle-Wittenberg. ![]() “In this context, the institute is a central building block in our sustainability strategy, which is not only about recycling our end product, but also about recycling all the materials that arise on the way to lithium hydroxide and setting up our production process in such a way that by-products of the highest possible reusability are generated in the process.” With this institute we want to think further in this direction and it is part of our plan to become the first closed-loop lithium company in the world.” “Our nitrate process, produces very interesting by-products for the gypsum industry. We at Rock Tech Lithium have already piloted a new refining process. ![]() Another focus is research into new production steps to optimize by-product value creation.ĭirk Harbecke CEO and Chairman of Rock Tech Lithium: The reduction and reuse of the by-products generated during the refinement of lithium is the focus of the institute’s work. The switch to electromobility will make Germany the central location for battery production in Europe and thus also for the production of the crucial precursor lithium hydroxide. The institute aims to shape the interdisciplinary, CO2-neutral recycling economy for lithium in Germany. The ITEL is located in Halle an der Saale in Saxony-Anhalt.
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