AMG Lithium focuses on manufacturing battery-grade lithium hydroxide, a key component for electric vehicle cathode materials. The Bitterfeld facility has an initial capacity of 20,000 metric tons annually, planned to expand to 100,000 metric tons by 2030, supporting battery production for 500,000 EVs per year. They also develop materials for next-gen battery systems including sulfur-based solid-state batteries, with R&D on lithium solutions and recycling technologies. Production processes prioritize environmental sustainability and carbon emission reductions, with expertise in specialized sulfidic materials to improve battery performance and efficiency.
The company produces battery-grade lithium hydroxide and specialized sulfidic materials for cathode production in electric vehicle batteries. It is also developing materials for next-generation sulfur-based solid-state batteries.
In 2024, AMG Lithium inaugurated Europe’s first lithium hydroxide refinery in Bitterfeld-Wolfen, creating 80 jobs and receiving regional economic support. They collaborate with European battery recyclers, qualifying recycled lithium samples at their Frankfurt lab. Despite Q3 2024 revenue challenges due to lower lithium prices, AMG maintained strong sales and managed investments carefully.
AMG Lithium holds a 15.8% stake in Savannah Resources Plc via a GBP 16M investment, including a spodumene offtake agreement for the Barroso Lithium Project in Portugal, and a 25.0% cornerstone stake in Zinnwald Lithium Plc.
