Titan Lithium to set up AED5 billion lithium processing plant in KEZAD

Titan Lithium to set up AED5 billion lithium processing plant in KEZAD

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah). To be developed in three stages ...

ABU DHABI/ WAM

Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah).

To be developed in three stages with AED 5 billion in investment by Titan Lithium, the plant will produce battery-grade lithium carbonate and lithium hydroxide for battery makers and electric vehicle OEMs around the world. Spanning over 290,000 square metres, the plant represents a critical turning point in the UAE’s development as a key force in the worldwide lithium processing market.

It also reinforces AD Ports Group strategy to be involved across the entire supply chain in the automotive industry with end-to-end logistics solutions, from the factory to the end customer.

Once established, the plant will be importing approximately 150,000