MINEX Forum

Tag: battery supply chain

  • US DOE Launches $500M Push to Strengthen Critical Minerals and Battery Supply Chains

    US DOE Launches $500M Push to Strengthen Critical Minerals and Battery Supply Chains

    The US Department of Energy (DOE) has announced plans to provide up to $500 million in funding to expand domestic processing, recycling and manufacturing capacity for critical minerals and battery materials.

    The funding initiative, led by the DOE’s Office of Critical Minerals and Energy Innovation (CMEI), is aimed at supporting both demonstration and commercial-scale facilities that process and recycle key materials used in batteries and energy technologies.

    The program targets strategic minerals including lithium, graphite, nickel, copper and aluminum, as well as materials recovered from used battery systems.

    US Energy Secretary Chris Wright said the move is intended to reduce reliance on foreign supply chains, particularly those controlled by geopolitical rivals.

    “For too long, the United States has relied on hostile foreign actors to supply and process the critical materials essential for battery manufacturing,” Wright said.

    The DOE emphasized that strengthening domestic supply chains is critical not only for energy security but also for meeting rising electricity demand linked to artificial intelligence, electrification and clean energy systems.

    ⚙️ Where the money goes
    The funding will support projects across three key areas:

    • Processing of critical minerals from raw feedstocks

    • Recycling of critical materials from end-of-life products

    • Manufacturing of battery materials and components

    This reflects a broader strategy to build resilience across both upstream and midstream segments of the supply chain.

    🌐 Global cooperation still in play
    The announcement comes as US officials engage with international partners at the Indo-Pacific Energy Security Ministerial in Japan.

    Assistant Secretary Audrey Robertson highlighted that while domestic capacity is expanding, collaboration with allies remains essential.

    “Boosting domestic production, including through recycling, will bolster national security and ensure the US and its partners are prepared for future energy challenges,” she said.

    🔋 Strategic context
    The initiative marks the third round of DOE funding focused on battery supply chains. It forms part of a wider effort by Washington to counterbalance global supply concentration, particularly in China, which dominates processing and refining of many critical minerals.

    By investing in processing and recycling infrastructure, the US aims to secure the materials needed for electric vehicles, grid storage systems and next-generation energy technologies — turning supply chains from fragile threads into reinforced cables.

  • Rock Tech Lithium and Siemens Partner to Develop Digitalised Lithium Converter in Ontario

    Rock Tech Lithium and Siemens Partner to Develop Digitalised Lithium Converter in Ontario

    Rock Tech Lithium and Siemens Canada have signed a non-binding memorandum of understanding to establish a long-term strategic partnership aimed at developing advanced lithium conversion capacity in Canada, centred on the planned Red Rock converter project in Ontario.

    The agreement, announced during the Canadian Critical Minerals Forum hosted by Natural Resources Canada at PDAC 2026 in Toronto, focuses on applying Siemens’ digitalisation technologies, including Digital Twin systems, throughout the design, construction and operation of the lithium processing facility.

    The Red Rock converter will be developed using the engineering blueprint of Rock Tech’s fully permitted Guben lithium converter project in Germany. By replicating the design, the company aims to accelerate development timelines, reduce technical risks and improve capital efficiency while moving toward a final investment decision in Canada.

    The planned facility is expected to produce up to 32,000 tonnes of lithium carbonate equivalent annually, enough to supply battery materials for roughly 900,000 electric vehicles each year. Once operational, the plant would become Ontario’s first lithium conversion facility and a key component of Canada’s emerging battery materials supply chain.

    Rock Tech said the project will form part of a vertically integrated supply chain alongside its Georgia Lake lithium mining project, creating a regional “rock-to-battery” corridor within Ontario.

    Under the partnership, Siemens will deploy its Digital Twin technology to model process design, energy use and material flows across the entire project lifecycle. The digital system is intended to optimise plant efficiency, emissions performance and operational reliability before major capital investments are committed.

    The collaboration also reflects growing strategic cooperation between Canada and Germany on critical minerals supply chains. Officials said the Red Rock project aligns with priorities under the G7 Critical Minerals Production Alliance and could serve as a reference model for future lithium conversion facilities in allied markets.

    The partnership will be implemented in multiple phases, beginning with the integration of digital technologies into feasibility and engineering studies. The companies will also explore additional Siemens services and potential joint funding opportunities with Natural Resources Canada, the Government of Ontario and bilateral Canadian-German programmes.

    Canadian Energy and Natural Resources Minister Tim Hodgson said initiatives such as the Red Rock project demonstrate how G7 partners are moving from policy commitments to concrete investments aimed at building secure and sustainable critical mineral supply chains.

  • Finland Launches First Lithium Mine to Boost Europe’s Battery Supply Chain

    Finland Launches First Lithium Mine to Boost Europe’s Battery Supply Chain

    Finland has officially opened its first lithium mine, marking a milestone in Europe’s push to secure domestic battery raw materials and reduce reliance on imports.

    Mining company Keliber has begun lithium extraction in western Finland, initiating what is described as Europe’s first integrated battery-grade lithium production chain. According to Finnish broadcaster Yle, the project is designed not only to mine lithium ore but also to process it into battery-grade lithium chemicals within Europe.

    CEO Hannu Hautala said the operation gives Europe a strategic advantage by shortening supply routes compared to shipments from China. The company expects that local production will strengthen Europe’s battery manufacturing ecosystem, particularly as electric vehicle demand continues to grow.

    The project spans three municipalities — Kaustinen, Kokkola and Kronoby — forming a regional industrial cluster that links mining operations with processing facilities. The lithium concentrate will be refined into battery-grade material at a dedicated plant in Kokkola.

    The launch comes amid intensifying efforts across the European Union to develop domestic sources of critical minerals essential for electric vehicles and renewable energy technologies. By establishing a local lithium supply chain, Finland aims to position itself as a key contributor to Europe’s broader energy transition and industrial resilience strategy.

  • Czechia’s Chvaletice Manganese Project Gains Strategic Importance for EU Battery Supply Chains

    Czechia’s Chvaletice Manganese Project Gains Strategic Importance for EU Battery Supply Chains

    A major manganese deposit in eastern Czechia is emerging as a key asset in Europe’s push to secure strategic minerals for electric vehicles and renewable energy technologies. The Chvaletice site in the Pardubice region, once a legacy mining area, is now believed to host the largest manganese reserves in the European Union, according to local reporting.

    The project is being advanced by Mangan Chvaletice, which plans to reprocess historic mining tailings accumulated around the former industrial site. What was once considered waste is now viewed as a valuable secondary resource. The company says the project could eventually produce up to 50,000 tonnes of high-purity manganese per year.

    Manganese plays a critical role in lithium-ion battery cathodes, improving performance and safety in electric vehicle batteries. As demand for battery materials accelerates, securing regional supply is increasingly seen as essential for Europe’s economic resilience and industrial autonomy.

    The Chvaletice project has reportedly achieved key permitting milestones, including environmental approvals and mining licences. Preparatory work for a conveyor system and processing plant is expected to begin later this decade, with full commercial production targeted around 2030. The project could create up to 400 jobs.

    The Czech government has designated the Chvaletice deposit as a strategic mineral resource under national legislation, highlighting its importance for supply chain security. Current reserves are estimated to potentially meet up to one quarter of European manganese demand, with a projected mine life of approximately 25 years.

    Manganese and lithium are both listed as critical raw materials by the European Commission. Beyond Chvaletice, Czechia hosts one of Europe’s largest lithium deposits at Cínovec, as well as tungsten reserves and a history of uranium production, reinforcing the country’s growing role in Europe’s advanced technology supply chains.

  • Savannah Resources Raises £9.2 Million in Oversubscribed Fundraise to Advance Barroso Lithium Project

    Savannah Resources Raises £9.2 Million in Oversubscribed Fundraise to Advance Barroso Lithium Project

    Savannah Resources Plc (AIM: SAV, FWB: SAV, SWB: SAV) announced it has successfully completed an oversubscribed £9.2 million (US$12 million) capital raise through a Placing and Subscription, with strong demand from existing and new institutional investors.

    The fundraising, managed through an accelerated bookbuild by SP Angel Corporate Finance LLP (Global Coordinator and Joint Bookrunner), alongside Canaccord Genuity Limited, Caixa-Banco de Investimento S.A., and Alantra Equities S.V. S.A., was significantly oversubscribed and scaled back as a result.

    The Company raised £5.9 million (US$7.6 million) via the Placing of 158.7 million shares and a further minimum £3.4 million (US$4.4 million) through a Subscription of at least 90.8 million shares, both at an issue price of 3.7 pence per share.

    Savannah’s Retail Offer remains open until 12:00 p.m. on 11 November 2025, after which final subscription totals will be confirmed.

    Use of Proceeds

    Net proceeds from the fundraise will strengthen Savannah’s financial position and accelerate development of the Barroso Lithium Project in northern Portugal — the largest battery-grade spodumene lithium resource in Europe and a European Commission “Strategic Project” under the Critical Raw Materials Act.

    Funds will be used to:

    • Acquire the Aldeia Mining Lease, which contains the highest-grade deposit within the Barroso Project area.

    • Advance Front-End Engineering Design (FEED) and long-lead item procurement.

    • Progress grid connection work and land control for infrastructure.

    • Cover project financing costs and provide additional working capital.

    CEO Statement

    Emanuel Proença, Chief Executive Officer, commented:

    “The strong demand from investors, which exceeded our US$12 million target, reflects growing confidence in the Barroso Lithium Project and renewed optimism in the lithium sector.

    With total cash reserves of approximately £20 million (US$26 million), Savannah is well positioned to move beyond the DFS and into pre-construction with confidence.

    The additional capital allows us to acquire the Aldeia Mining Lease and further progress critical workstreams ahead of construction.”

    Proença added that Savannah continues to expand its institutional investor base across Portugal, the UK, and Europe, with participation from both sector specialists and generalist investors. Retail investors are now able to participate through the open offer.

    Related Party Participation

    Key management and major shareholders took part in the subscription:

    Participant Subscription Shares Value (£) Resulting Shareholding
    Rick Anthon (Chairman) 550,676 £20,375 1,264,962 shares
    Emanuel Proença (CEO) 387,676 £14,352 3,124,556 shares
    Henrique Freire (CFO) 220,050 £8,135 2,520,050 shares

    Major shareholders also increased their stakes:

    • AMG Lithium B.V. subscribed for 39.1 million shares, bringing its total to 400.8 million shares.

    • Grupo Lusiaves SGPS, S.A. subscribed for 24.95 million shares (total 255.9 million).

    • Pluris Investments S.A. subscribed for 24.95 million shares (total 255.9 million).

    Their participation constitutes a related party transaction under AIM Rule 13. Independent directors Diogo da Silveira and Bruce Griffin reviewed the terms and deemed them fair and reasonable for shareholders.

    Admission and Next Steps

    Application has been made for the new shares to be admitted to trading on AIM. Dealings in the Placing and Subscription Shares are expected to commence at 8:00 a.m. on 12 November 2025.

    A separate announcement will follow for the Retail Offer results and Admission of additional shares.

    About Savannah Resources

    Savannah Resources Plc is a European lithium development company focused on the Barroso Lithium Project in northern Portugal. Once operational, the project is expected to produce around 190,000 tonnes per year of spodumene concentrate, enough lithium for approximately 500,000 electric vehicle battery packs annually.

    Through responsible development, Savannah aims to support Europe’s energy transition and contribute to the EU’s target of 10% domestic lithium supply by 2030.

  • Lithium Producers Urge EU to Rethink Hazard Classification, Warn of Strategic Setback

    Lithium Producers Urge EU to Rethink Hazard Classification, Warn of Strategic Setback

    A coalition of 13 lithium producers behind key Strategic Projects under the EU’s Critical Raw Materials Act (CRMA) has issued a joint letter to the European Commission, warning that the proposed classification of lithium salts as Category 1A reproductive toxins could undermine Europe’s climate and industrial ambitions.

    The group, which includes developers of some of the continent’s most advanced lithium initiatives, expressed deep concern that the move by the European Chemicals Agency (ECHA) conflicts directly with the bloc’s Green Deal, net-zero goals, and push for strategic autonomy.

    According to the letter, the reclassification would shake investor confidence, delay CRMA-aligned projects, weaken Europe’s position in the global battery value chain, and create contradictory policy signals.

    They call on the Commission to ensure that regulatory decisions remain science-based, proportionate to real risk, and do not threaten Europe’s strategic aims. The producers argue that a supportive regulatory framework is critical to delivering both the green and digital transitions.