Located in Lauterbourg, France, the plant will produce up to 100,000 tons of Battery Grade lithium chemicals per year – which is the equivalent capacity to power 2 million electric vehicles – to enable a secure and sustainable battery supply chain for the transition to electric mobility.

The contract consists in a Bankable Feasibility Study (BFS), and a preferential right on the construction of the plant and its three foreseen extensions.

Laure Mandrou, Senior Vice President Carbon-Free Solutions of Technip Energies, commented: “We are very excited to start this new journey with Viridian Lithium. It is the beginning of an industrial partnership that is fully in line with Technip Energies' strategy of engineering a sustainable future. We are committed to support Viridian Lithium in the creation of the first French and European Lithium stream.”

Remy Welschinger, Co-Founder & President of Viridian Lithium, said: “We are very pleased to partner with Technip Energies to develop a clean and reliable supply chain for batteries to empower the transition to electric mobility.”

Purified lithium chemicals are non-substitutable materials for lithium-ion batteries and are strategic materials for the European automotive industry. The Project will increase the supply chain autonomy of our electric vehicle industry. Lithium is one of the four key metals of the energy transition.