Chile-based Ensorcia Metals, a specialist in extraction and transformation of lithium, reports that as a first step in its global expansion plans, it will invest €200 million for the construction of a European lithium hydroxide conversion plant under the auspices of its subsidiary, Sorcia Europe.
According to Ensorcia, operations are to begin in 2025 with an installed capacity of 20,000 tons of lithium carbonate equivalent per year and a ramp-up capacity of 40,000 tons. The company says it will use its modular, mobile direct lithium extraction technology under license from partner IBAT.
Ensorcia’s main operations are now based in Argentina and Chile, but several projects are being considered for the creation of lithium processing plants in South America, Europe and North America.
Source: Green Car Congress