Portugal has taken monumental steps in establishing itself as a key player in the global battery value chain. Five major initiatives have been announced recently, marking a transformative moment for the nation’s green energy ambitions. Here’s a roundup of the latest developments:
1️⃣ CALB Confirms Gigafactory Plans in Sines
The world’s fourth-largest battery producer, CALB Group Co., Ltd., has officially approved the Final Investment Decision (FID) for a gigafactory in Sines. Construction of the initial 15 GWh facility is set to commence this year, with production expected by 2028. Read more here.
2️⃣ Savannah Resources Resumes Field Work in Boticas
Savannah Resources PLC has restarted operations at its Boticas concession. With plans to begin production of Europe’s largest lithium spodumene resource by 2027, the project is gaining momentum. Currently, a team of 50—mostly local workers—is actively involved. Discover more.
3️⃣ Lifthium Energy Moves Closer to Refinery Project in Estarreja
Lifthium Energy has identified Estarreja as its preferred location for a lithium refinery, signaling substantial progress. The company is already nearing completion of a €35 million pilot plant and an advanced R&D lab in Coimbra. Details available here.
4️⃣ DST Group Partners with CALB on Battery Recycling and Storage
DST Group from Braga has entered into a partnership with CALB, focusing on battery recycling and storage solutions, further strengthening Portugal’s green energy initiatives. Read about it here.
5️⃣ Battery Cluster Portugal Gains Official Recognition
Battery Cluster Portugal, which includes CALB, Savannah, Lifthium, DST, and over 50 other entities, has been designated as one of Portugal’s four key Competitiveness Clusters for 2024-2030. This recognition underscores the sector’s strategic importance. Learn more.
These developments come at a pivotal time, as the European Commission unveils its new industrial plan to accelerate transformation in the automotive sector—a sector supporting nearly 15 million high-quality jobs. Savannah’s progress has been particularly endorsed by the Portuguese State, with the Ministry of Environment emphasizing the urgency of advancing the sector for national and European growth.
Portugal’s battery value chain is not just about energy; it represents a broader shift towards economic sustainability and global competitiveness. The journey is challenging, but these milestones prove that the future is bright.
