Press release 📈 Stocks 🌍 Canada

Lithium Harvest Targets 28,500 Tonnes Annual Output by 2028

Lithium Harvest Holding A/S advances its production roadmap with a new facility targeting 28,500 tonnes of lithium carbonate and 0.67 TWh of electricity annually by 2028.

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Lithium Harvest Holding A/S has formalized a letter of intent to advance a project capable of producing 28,500 tonnes of lithium carbonate annually. This development represents a significant addition to the global supply chain, with the project slated to reach full nameplate capacity and commence initial production by 2028.

Catalysts
  • ▲ Signing of a letter of intent (LOI) for project development
  • ▲ Targeted production capacity of 28,500 tonnes of lithium carbonate annually
Risk Factors
  • ▼ Project timeline dependency on 2028 production start date
  • ▼ Execution risks associated with reaching full nameplate capacity
▼ Show FAQ (2) ▲ Hide FAQ
What is the annual production target for lithium carbonate?

The project targets 28,500 tonnes of lithium carbonate annually at full nameplate capacity.

When is the first production expected?

First production is targeted for 2028.

🎯 Key Takeaways

  • Lithium Harvest aims for 28,500 tonnes of annual lithium carbonate production.
  • The project integrates 0.67 TWh of electricity generation capacity.
  • First production from the new facility is targeted for 2028.

📝 Executive Summary

Lithium Harvest Holding A/S has signed a letter of intent to launch a new production facility targeting 28,500 tonnes of lithium carbonate annually. The project, which also aims to generate 0.67 TWh of electricity, is scheduled to reach full nameplate capacity with initial production slated for 2028.

❓ FAQ

What is the production capacity of the new Lithium Harvest project?

The project targets an annual production of 28,500 tonnes of lithium carbonate and 0.67 TWh of electricity at full nameplate capacity.

When does Lithium Harvest expect to begin production?

The company has targeted 2028 for the commencement of first production.