Investment
Case

Locally sourced lithium is crucial to Europe’s climate neutrality goals. On the German-Czech border, Zinnwald Lithium has access to of one of Europe’s largest ore deposits. To develop this opportunity, our team brings global expertise in the fields of mining, specialty chemicals and finance. We are working with industry-leading partners to design and execute a project that is technically rigorous, economically robust and guided by sustainability principles throughout.

The lithium opportunity
in Europe

Demand for locally sourced lithium is expected to intensify between now and 2050. Lithium is one of the metals covered by the European Critical Raw Materials Act, which aims to make the EU more self-reliant in the resources needed for technologies such as renewable energy and battery power.

Battery demand is increasing

2020 to 2025

Battery demand in Europe is set to increase at 40.1% a year

Source: Benchmark 2023

Battery gigafactories will need inputs

By 2030

1.8TWh of planned lithium-ion production capacity

Source: T&E

LiOH demand set to rise

By 2030

Demand from battery makers for lithium hydroxide could exceed that for Li carbonate

Supply-demand imbalance is growing

By 2032

Europe will account for 25% of global lithium demand, but just 4% of global supply will be
produced in the region

Source: Fastmarkets, October 2022

Processing capacity shortfall is growing

By 2030

Shortfall in Europeʼs LiOH processing capacity expected to widen by 218%

Source: Rystad

New EU proposals seeking solutions

By 2030

European Critical Raw Materials Act seeks to boost EU extraction and processing. Reduced administrative burden & simplified permitting procedures for industry

Source: European Commission

What makes this
ore body unique?

Zinnwald Lithium has access to of one of Europe’s largest ore deposits, with an added brownfield advantage. Having the option to repurpose existing infrastructure allows for more cost-efficient production and will be less disruptive to the local community than open-pit mining on previously undeveloped greenfield sites.

One of the largest deposits in Europe

Estimated life of mine 35+ years, with significant potential to expand

Excellent location near end market

Near German auto and chemical industries, within 150km of three planned gigafactories

Extensive pre-existing infrastructure

Complete set of infrastructure on site including access and ventilation tunnels and local rail line

Key features of our approach

Partnering with leaders in their industries

We are working with firms that have globally recognised geology, mining design and chemicals expertise to build a world-leading, highly economic business that will uphold high environmental standards.

”Upcycling” existing infrastructure

Repurposing elements of the pre-existing Altenberg tin mine will help make the mine design more cost effective and less disruptive to the local community.

Building a non-toxic low waste process

Repurposing elements of the pre-existing Altenberg tin mine will help make the mine design more cost effective and less disruptive to the local community.

Maximising commercially saleable products

The project will produce not only lithium hydroxide but other commercially useful products including SOP—an important fertiliser that has few suppliers within Europe.

Find out about
the project

Located near the heart of Europe’s chemical and automotive industries, the Zinnwald Lithium project benefits from Saxony’s history of mining activity and from its extensive existing infrastructure. Sustainability and efficiency considerations are built into every step of our process.

Search the site...