Vancouver Rock Tech Lithium has announced its intention to construct a EUR 470 million production plant for battery-grade lithium hydroxide for electric vehicles in the town of Guben in eastern German regional state of Brandenburg.
The 12-hecrate site purchased by Rock Tech in a Guben industrial park is near the Tesla gigafactory currently under construction. The final scope and timing of the project, the company says, will be contingent upon pending state subsidy decisions.
The planned facility would have an annual capacity of 24,000 tons of lithium hydroxide, enough for around a half-million electric-vehicle lithium-ion batteries.
“Our goal is to be the first company worldwide to create a closed loop for lithium,” said Rock Tech CEO Dirk Harbecke in a statement. “Guben seems to us to be the ideal location for this, with subsidies also playing a significant role.”
“With Rock Tech Lithium, we are strengthening our position as the future center of European e-mobility,” added Brandenburg’s minister of economics, Jörg Steinbach. “Brandenburg will be home to the entire value chain in the future. From raw material processing to battery and cell production to e-car construction as well as battery recycling
“RockTech Lithium’s plans to come to Guben are an example of the transition of the region around Berlin following Tesla’s construction of its first European gigafactory there,” says Germany Trade & Invest (GTAI) automotive expert Stefan Di Bitonto. “Traditionally, Germany automotive hotspots have been located in the south of the country. Expansions like these suggest that in the future there will be automotive centers of excellence elsewhere as well.”