UK Government announces the country’s first large-scale lithium refinery

Undefined
Monday, November 14, 2022

Lithium is an essential ingredient of batteries, and a secure supply will be vital for the UK’s automotive and energy industries. Moreover, critical minerals are also fundamental in a range of critical technologies, including mobile phones, wind turbines, and fighter jets.

Critical minerals are at significant risk of supply disruption due to volatile markets and complex supply chains, with the demand for critical minerals forecasted to quadruple globally by 2024. As a result, the UK needs to secure its critical minerals supply rapidly. Currently, 89% of the world’s lithium processing currently takes place in East Asia, with there being no lithium refineries in Europe.

The new large-scale lithium refinery represents a significant boost for levelling up the UK and making the country a prime location worldwide for business. The refinery will create more than 1,000 jobs in construction and 250 long-term high-skill jobs for local people once up and running. The UK Government has provided substantial funding for the project, granting Green Lithium over £600,000 through the Automotive Transformation Fund.

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