Will Portu-gal create a lithium & battery manufacturing industry?

In the era of decarbonisation of world economies, Portu-gal intends to create a lithium and battery manufactur-ing industry in the border areas between Portugal and Spain, in order to meet the growing demand for batteries for electric vehicles.

Why should Portugal invest in a battery factory?

“Our factory will not only create new jobs but will also place Portugal at the forefront of the production of batteries for electric vehicles in Europe,” he highlights. According to CALB, “this strategic investment” aims to “reinforce its presence in the European market for electric vehicles (EV) and energy storage systems (BESS)”.

Is Portugal a lithium producer?

Portugal is currently the main lithi-um producer in the European Union and has the largest known reserves in the continent, occupying the 8th po-sition worldwide. 1 The lithium industry in Portugal is still in its early stag-es. Currently, the metal is extracted in mines in associa-tion with quartz and feldspar, and used in the ceramics industry.

Can Portugal become a reference in the lithium supply chain?

Although Portugal got of on the wrong foot in the lithium race, ANP|WWF believes that it is still possible for the country and the rest of Europe to become a reference in the lithium supply chain worldwide.

Where will the new lithium battery factory be built?

In a statement sent to the Lusa news agency, the Chinese company, a global leader in the production of lithium-ion batteries, announced that the project for the construction of the latest generation lithium battery factory will be launched on Monday at the Técnico Innovation Center, in Lisbon.