Abu Dhabi plans lithium plant to support EV growth

  • Date: 14-Feb-2024
  • Source: AGBI
  • Sector:Industrial
  • Country:UAE
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Abu Dhabi plans lithium plant to support EV growth

Khalifa Economic Zones Abu Dhabi (Kezad Group) and UAE-based Titan Lithium are investing AED5 billion ($1.4 billion) in a lithium processing plant in Abu Dhabi to support the region’s fledgling electric vehicle (EV) industry. Kezad and Titan have signed a 50-year land lease agreement for the plant. To be developed in three stages, the plant […]

$1.4bn processing plant

Lithium from Zimbabwe

‘Turning point’ for UAE

Khalifa Economic Zones Abu Dhabi (Kezad Group) and UAE-based Titan Lithium are investing AED5 billion ($1.4 billion) in a lithium processing plant in Abu Dhabi to support the region’s fledgling electric vehicle (EV) industry.

Kezad and Titan have signed a 50-year land lease agreement for the plant.

To be developed in three stages, the plant will produce battery-grade lithium carbonate and lithium hydroxide for battery makers and EV manufacturers globally. 

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Titan Lithium said the plant represents a “critical turning point” in the UAE’s development as a player in the global lithium processing market.

Once established, the plant will import about 150,000 tonnes of lithium annually from its mines in Zimbabwe for processing