Britain’s first lithium refinery is to be constructed on Teesside in an effort to spice up the UK’s electrical automotive provide chain regardless of uncertainty over the way forward for the business.
Inexperienced Lithium, which is backed by the commodities buying and selling large Trafigura, will construct a £600m refinery for the battery materials at PD Ports’ Teesport, the UK’s fifth-largest port.
The undertaking’s backers purpose to create 1,000 jobs throughout the building part and sufficient lithium hydroxide for 1m electrical automobiles…