ABB signs MoU with Vulcan Energy Resources to Support Zero-Carbon Lithium Production for Battery Manufacturing
#BatteryManufacturing #ZeroCarbonLithium #VulcanEnergy“This MoU marks the beginning of a promising long-term collaboration between Vulcan and ABB. We are delighted to have ABB as a key partner in delivering world-leading solutions for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project and beyond, reflecting our joint commitment to innovation and sustainability.”-Cris Moreno, Managing Director and CEO, Vulcan
April 2024 : ABB and Vulcan Energy Resources have signed a Memorandum of Understanding (MoU) agreement to jointly establish design, engineering, execution and operations plans for strategically important reserves of lithium in Europe. Vulcan’s ZERO CARBON LITHIUM™ Project in Germany’s Upper Rhine Valley region will access naturally heated lithium-rich brine from underground reservoirs while using geothermal heat to produce renewable energy for the process.
The agreement sets out how ABB will collaborate with Vulcan to identify, pursue and secure opportunities to deliver electrification and automation for the project. This will also involve early involvement with the EPCm contractors and technology providers for the overall project.
The European Union has set a target of 100 percent of vehicles to be zero emissions by 2035, indicating Europe will see a more than 50–fold increase in lithium demand up to 2050. Vulcan’s ZERO CARBON LITHIUM™ Project, with integrated renewable heat, renewable power and lithium production, will provide a first regional supply of carbon-neutral lithium, paving the way for Germany and Europe to lead on achieving a net zero shift in mobility and energy.
“This MoU marks the beginning of a promising long-term collaboration between Vulcan and ABB,” said Cris Moreno, Managing Director and CEO, Vulcan. “We are delighted to have ABB as a key partner in delivering world-leading solutions for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project and beyond, reflecting our joint commitment to innovation and sustainability.”
“ABB’s MoU with Vulcan Energy Resources exemplifies our united commitment to driving innovation and growth in the battery manufacturing landscape,” said Michael Marti, Global Business Line Manager, Growth Industries, ABB Process Industries. “The potential outcomes from ABB’s new initiatives with Vulcan are exciting because our joint approach, expertise and technologies will impact on further developing battery manufacturing for commercial and domestic end users. The actions we take today aim to ensure secure and steady energy provision into the 2030s.”
Over the short term, the collaboration will enable the clarification of design principles, standards and interfaces, as well as early design and optimization in electrification and automation for process and power. Furthermore, the two companies aim to go beyond project completion, extending to operational support and continuous performance improvement initiatives throughout the lifecycle of the plant.
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