In Europe, lithium hard‐rock mineral deposits are located in Portugal, Czechia, Finland, Germany, Spain and Austria. Significant brine resources also exist in Germany. Currently, imports from Australia cover most of the EU’s demand for lithium concentrates, while Chile is by far the EU’s largest supplier of refined lithium compounds. The primary producers are Australia (55%), Chile (26%), China (14%), and Argentina (6%). It is estimated that European resources count for 7% of the world’s total.
According to the US Geological Survey ‐ USGS, Portugal has the largest lithium reserve in Europe, with around 60,000 metric tons of known reserves. However, until now, Portuguese lithium has mainly been used in the ceramics industry to make glassware.
VTM was appointed by a client to provide technical support services for the logistics and material handling study for their conversion plant that is to be located in Portugal and is expected to start its operation in few years. This plant is expected to be Europe’s largest and most sustainable Lithium Conversion Plant.
Different scenarios were examined, with distinct logistics and transport solutions for the plant’s inputs, products and sub‐products, depending on the origins/destination of each element.
Recommendations were provided about the best scenarios for each material handling option, with a qualitative and quantitative cost-benefit comparison matrix to list the vantages and disadvantages of each option. The alternatives were compared with respect to a number of factors, among which are the following:
The Portuguese Government established a team to coordinate and prepare many of the aspects of the World Youth Day 2023, in Lisbon. WYD is the largest Catholic event, bringing together hundreds of thousands, even millions, of young people from all over the world for various meetings with the Pope. VTM was chosen to develop the […]
VTM was appointed by an infrastructure fund as Commercial Due Diligence Advisor in assessing a potential equity investment in a company specialized in building and operating an infrastructure for charging Electric Vehicles (“EV”) – one of the top players in such market in Italy. The assessment initially required providing an overview of the EV market […]