Battery supplier InoBat Auto and mineral processing firm Green Lithium have formed a strategic partnership to build and operate a large-scale lithium refinery in the UK.
Green Lithium will supply InoBat with battery-grade lithium chemicals, and the two companies will collaborate to accelerate the development of a “cradle-to-cradle” UK battery value chain, from the provision of low-carbon lithium chemicals all the way through to the recycling of batteries.
InoBat and Green Lithium will collaborate to work with governments in the UK and the EU to achieve their strategic business goals, including InoBat’s ambition to expand its presence in the UK and develop a network of gigafactories across Western Europe during 2024.
“In partnership with Green Lithium, we will accelerate the global rollout of green battery technology using low-carbon, battery-grade lithium hydroxide to create what we believe to be the most innovative and advanced batteries on the market,” said Marian Bocek, co-founder and CEO of InoBat.
“Green Lithium’s mission is to accelerate the adoption of electric vehicles and sustainable energy storage by increasing the supply of low-carbon battery-grade lithium chemicals,” said Sean Sargent, CEO of Green Lithium. “In InoBat, we have found an organization with whom we will not only have a commercial supplier relationship, but one with whom we can work together as part of a wider partnership to create a sustainable battery supply chain.”