- The plant will have an initial annual production capacity of 28,000-35,000 tons of battery-grade lithium hydroxide.
- Operations are expected to start by the end of 2025, with commercial operations beginning in 2026.
- The project represents an investment of approximately €700 million.
- The plant will create around 200 direct and 3,000 indirect jobs.
Project Overview
Galp and Northvolt have chosen Setúbal, Portugal, for their Aurora lithium conversion plant. Located in the Sapec Bay Industrial Park, the site offers excellent access to infrastructure, railway, and port facilities, making it ideal for sourcing reagents and by-product users.
Production Capacity
The plant will have an initial annual production capacity of 28,000 to 35,000 tons of battery-grade lithium hydroxide. This material is crucial for the lithium-ion battery manufacturing industry, which is projected to grow significantly by 2030. The plant will use a proven conversion process with recent improvements to enhance sustainability and efficiency.
Investment and Job Creation
The project is expected to involve an investment of approximately €700 million. It will create around 200 direct jobs and 3,000 indirect jobs in the region, contributing significantly to the local economy.
Timeline
Operations are forecasted to begin by the end of 2025, with commercial operations starting in 2026. A final investment decision is still pending, but the joint venture partners are committed to moving forward with the project.
Sustainability Efforts
The plant aims to be one of Europe’s largest and most sustainable lithium conversion facilities. The joint venture is focused on using green energy to power the conversion process, minimizing reliance on conventional natural-gas-powered methods. High standards of sustainability will be maintained in the extraction and processing of lithium hydroxide.
Strategic Importance
This project is a key milestone for Europe in developing a full battery ecosystem on the continent. It will support the exponentially growing battery industry by securing sustainably produced materials, essential for Europe's economic growth and sustainable energy future.
