It aims to become Russia's first-ever domestic producer of lithium-bearing raw materials and eventually build full local production of lithium-ion batteries. The project was originally expected to reach full annual production capacity of 45,000 metric tons of lithium carbonate and hydroxide by 2030.
Kolmozerskoye lithium deposit. (Image: Association of RM and REE) Russia plans to speed up its only lithium production project by 3-4 years from an originally planned 2030 to cut its dependence on imports and battery components, the CEO of the Polar Lithium joint venture said on Thursday.
Polar Lithium, a joint venture of Russian metals giant Nornickel and state-owned nuclear energy firm Rosatom, is developing the Kolmozerskoye lithium deposit in northwestern part of the country.
Subject to shareholder approval later this month, Polar Lithium aims to speed up development of the deposit and launch the first stage of production – in the pilot mode and at 10% of total planned capacity – in 2026-2027, Demidov said.
The plant for the production of lithium-ion cells and energy storage systems - the "Russian gigafactory" - will operate at the site of the Baltic NPP as early as 2026. The construction of the facility will contribute to the
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Russia plans to speed up its only lithium production project by 3-4 years from an originally planned 2030 to cut its dependence on imports and battery components, the CEO of the Polar Lithium
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