How much lithium will Russia produce in 2030?

Russia plans to produce at least 60,000 metric tons of lithium carbonate in 2030, the natural resources ministry said on Monday, as Moscow seeks to reduce its dependency on imports and boost production of high-capacity electric batteries.

How much lithium does Russia need?

Earlier, the Russian Ministry of Industry and Trade estimated the country’s needs in lithium up to 85,000 tons per year by 2030.

What is the largest lithium deposit in Russia?

Located in the Murmansk region, the Kolmozerskoe deposit is the largest in Russia, it was discovered in 1947 and has reserves of 75 million tons of lithium ore (category ABC1 + C2), for lithium oxide (LiO) this is more than 844,000 tons. This is equivalent to about 19% of the entire Russian reserves.

Will Russian energy storage firm Renera invest in EV batteries?

June 23, 2023: Russian energy storage firm Renera says a special investment contract providing incentives and financial backing for domestic production of batteries for EVs and stationary storage systems was signed at the St Petersburg International Economic Forum on June 16.

Where are lithium ion batteries made?

Lithium ion batteries are already being produced by Rosatom, but the group said Renera’s task would be to coordinate and expand manufacturing capacity and “consider” building additional gigafactories. Kaliningrad, which lies between Poland and Lithuania, does not border mainland Russia but is home to Russia’s Baltic fleet.

When will polar Lithium Project be ready?

According to Polar Lithium, the feasibility study of the project will be ready in Q1 2025. The joint venture received licenses for it in February 2023. The project involves the production of lithium carbonate and hydroxide (LiOH) in the amount of 45,000 tons per year, while investments are estimated at 49 billion rubles.