The 290,000sqm plant will process battery-grade Lithium for EV vehicles in Abu Dhabi
Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah).
To be developed in three stages with AED 5bn in investment by Titan Lithium, the plant will produce battery-grade lithium carbonate and lithium hydroxide for battery makers and electric vehicle OEMs around the world. Spanning over 290,000sqm, the plant represents a critical turning point in the UAE’s development as a key force in the worldwide lithium processing market.
It also reinforces AD Ports Group strategy to be involved across the entire supply chain in the automotive industry with end-to-end logistics solutions, from the factory to the end-customer.
Once established, the plant will be importing approximately 150,000 tonnes of Lithium annually from its mines in Zimbabwe for processing through the adjacent Khalifa Port.
Strategic vision
“We welcome Titan Lithium Industries to KEZAD and look forward to the project’s significant contribution to the UAE’s strategic vision of diversifying its economy and reinforcing its position in the global market,” commented Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group
The proposed plant will use state-of-the-art technologies and the best sustainable practices in its operations, ensuring the highest level of environmental responsibility while driving forward the global electric vehicle revolution,” commented Vaibhav Jain, Founder and President, Titan Lithium.
