Guben (dpa) – The Canadian company Rock Tech Lithium plans to build Europe’s first lithium hydroxide plant in Brandenburg for use in batteries for electric cars. The company intends to invest around 470 million euros in Guben near the German-Polish border. Production is scheduled to commence in 2024.
The plant is to employ around 160 people. The plan is to produce around 24,000 tonnes of lithium hydroxide per year – enough to meet the demand for around 500,000 electric vehicles. “Our goal is to be the first company in the world to create a closed cycle for lithium,” said company CEO Dirk Harbecke.
The electric car manufacturer Tesla is also planning to produce vehicles in Brandenburg soon. According to Tesla boss Elon Musk, production is to start in December at the latest. In Grünheide, around 12,000 employees will build up to 500,000 electric cars a year. Initially, the Model Y is to roll off the production line there. The car plant on the outskirts of Berlin is considered one of the most important industrial projects in eastern Germany.