The Polar Lithium enterprise has signed an agreement with the Chinese MCC International Incorporation Ltd for exploration of the Kolmozerskoye lithium deposit.
According to Rosatom State Corporation, China-based MCC International Incorporation Ltd has extensive experience in the design, supply of equipment and construction of mining and processing, metallurgy, production of lithium carbonate and hydroxide of battery grades.
Igor Demidov, CEO of Polar Lithium, said that the mine in the Murmansk region, a processing plant with the capacity of about two million tons of ore per year, as well as a chemical and metallurgical plant with an annual capacity of 45,000 tons of lithium hydroxide and carbonate will be built by 2030.
Polar Lithium is actively working on sourcing raw materials for the creation of a full-cycle lithium industry in Russia "from a mine to an electric car," b-port.com reports.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished
