Tees Valley Lithium wins planning permission to build Europe’s largest refinery

After Tees Valley Lithium was granted planning permission to construct Europe’s largest refinery, the Government’s levelling-up agenda gained a boost.

The £ 250 million plant will supply the rapidly growing electric battery industry and create 1,000 jobs.

  • The £250m will supply the rapidly growing electric battery industry
  • This is the latest boost to Tees Valley, Britain’s only freeport

l produce 96,000 tonnes of lithium hydroxide by 2025. This is a key component in batteries for nearly all hybrid and electric vehicles.

This is the latest boost to Tees Valley, Britain’s only freeport. It is a post-Brexit plan to create ten industrial zones that are regulation-light and customs-free.

It comes just a month after Grant Shapps, Business Secretary visited Teesside to unveil the UK’s first lithium refinery built by Green Lithium, a Trafigura-backed company.

The £ 600 million lithium refinery in PD Ports Teesport will also create 1,000 jobs during construction and 250 when it’s commissioned in 2025.

BP is moving ahead with plans for the UK’s largest green hydrogen plant on Teesside. South Korea’s Seah Wind has invested PS300m to build a large wind turbine factory.

Ben Houchen, Tees Valley mayor, hailed the ‘another feather on our cap’. He added: ‘It’s great for UK businesses, never mind Teesside which has had a hard ten years with the closure of the steelworks, thousands of jobs being lost, and it’s great. Teesside is a place where people can see the levelling up in action.

This comes three weeks after plans for making the North East a hub of green jobs and the industry’s battery industry were thwarted when Britishvolt, a battery manufacturer that planned to build a £3.8billion factory, secured emergency funding from Glencore. The Glencore company had prepared to appoint administrators in October.

Houchen stated that lithium production is essential for net-zero emission transitions by 2050. Before imposing a ban on new petrol or diesel cars, the Government intends to improve the supply chain for electric vehicle production.

The key is lithium. It is used in the manufacture of batteries for electric cars, wind turbines and solar power plants. Global lithium processing accounts for around 90% of the world’s total. There are no European refineries.

Tees Valley Lithium is owned by Alkemy. Alkemy said consent was a crucial step towards the creation of a new industry in Europe.

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