Mangrove Lithium is scaling up in an enormous strategy to produce extra homegrown lithium in North America. The Vancouver, Canada-based company simply introduced it’s going to construct one other new facility, and this one will crank out 20,000 tonnes of battery-grade lithium yearly – sufficient to energy over 500,000 EVs, as a lot as North America’s present refining capability.
Mangrove has signed memoranda of understanding (MoUs) to lock in demand with a number of main US battery gigafactories. These offers cowl offtake for the whole output of the brand new refinery. Nonetheless, the corporate has not but introduced the refinery’s web site location.
“World prospects are recognizing that Mangrove is a strategic companion in securing lithium provide,” mentioned CEO and founder Saad Dara.
Annie Liu, Mangrove’s chief technique and business officer, added, “Having negotiated offers for automakers like Tesla and Ford, I’ve seen simply how essential a dependable Western lithium provide chain is – and that’s precisely what we’re constructing right here.”
The brand new plant will transcend Mangrove’s present electrochemical refining tech by including spodumene focus processing – in different phrases, extending the corporate’s operations additional upstream within the lithium provide chain. It’s an enormous transfer towards reshoring elements of lithium refining, which continues to be closely dominated by China.
Dara warned that the worldwide lithium provide chain is getting extra fragile by the day, so “Mangrove is constructing the muse for a self-reliant, scalable, and sustainable North American lithium future,” he mentioned.
His urgency isn’t hypothetical: Earlier this 12 months, China floated the concept of banning exports of key lithium extraction and processing tech. With most lithium nonetheless processed in China, the concept of being minimize off despatched a transparent message – North America wants native capability, and quick.
Mangrove says its electrochemical refining course of is versatile in the case of feedstock and output, which helps cut back prices, shrink carbon footprint, and get rid of waste. That flexibility might be a game-changer because the continent tries to construct out a cleaner and safer lithium provide chain.
In the meantime, Mangrove’s first business plant in Delta, British Columbia, is already below development. Backed by a USD 35 million funding spherical, the undertaking is on observe to come back on-line by the tip of the 12 months. That plant alone will provide sufficient battery-grade lithium to energy about 25,000 EVs yearly. It will likely be North America’s first electrochemical lithium refining facility.
Learn extra: Critical EV battery materials face a supply crunch by 2030
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