Rapidly Growing Market for
Li-Ion Batteries
EU is #2 electric vehicle market globally. Sales are growing rapidly – +26% in H1 2026 (2.0m units) vs. H1 2025
12x growth in European lithium demand estimated by 2030 and 21x by 2050
European Commission’s Critical Raw Materials Act calls for a minimum of 10% of Europe’s demand for lithium to be met from domestic sources from 2030
Timing and Scale
Targeting production from 2028, in parallel with growing lithium demand in Europe and tightening market conditions in the global lithium market.
Targeted annual lithium production equates to ~0.5m EV battery packs per annum.
Largest spodumene lithium resource in Europe, potential to supply lithium for tens of millions of EV battery packs over the life of the Project.
Target to be Carbon Neutral
Sourcing 100% renewable power through Portugal’s electrical grid (base load currently 75%+ renewables).
Electric mining fleet.
Value Opportunity
Value creation through project development, delivery and operation (short, medium, long term).
Competitiveness, strong cash generation potential.
Exposure to lithium market and lithium price trends through a listed entity.
Direct participation in one of the European Commission’s Strategic Projects under the Critical Raw Materials Act.
Supporting the energy transition, and net zero emission goals.
English (UK)