Bacanora Lithium

Bacanora Lithium, owned by Ganfeng Lithium, develops battery-grade lithium from its Sonora Project in Mexico. Utilizing proprietary clay extraction technology, Bacanora supplies high-purity lithium essential for electric vehicles and renewable energy industries, emphasizing sustainability and low-cost production.

Company Location

Country:

United Kingdom

City:

London

Share This Company

Company Overview

Bacanora Lithium is a company focused on the development and production of battery-grade lithium products for electric vehicle and renewable energy sectors. It is owned by Ganfeng Lithium, a leading global lithium producer. Its flagship project is the Sonora Lithium Project in Mexico, one of the largest lithium deposits globally, designed to produce 35,000 tonnes per annum of battery-grade lithium. The company emphasizes sustainability, environmental stewardship, and community engagement while leveraging a robust resource base and low-cost production.

Battery Technology

Bacanora Lithium extracts and processes lithium from clay deposits using a proprietary method to produce battery-grade lithium carbonate with purity exceeding 99.5%. The process is cost-effective and scalable, with operating costs around $4,000 per tonne, among the lowest in the industry. Bacanora is also exploring lithium hydroxide production. Its Sonora Lithium Project uses advanced hydrometallurgical processes with a modular design for future expansion.

Products

The company produces battery-grade lithium carbonate and is exploring lithium hydroxide production, both key materials for electric vehicle batteries. The Sonora Lithium Project is designed for an initial output of 35,000 tonnes per annum of battery-grade lithium products.

Recent Projects

Bacanora has advanced the Sonora Lithium Project towards construction, focusing on final engineering and approvals. The company is working closely with Ganfeng Lithium for technical and financial support, aiming to start construction in late 2023 or early 2024, marking a critical step towards full-scale production.

Investors

Bacanora Lithium has been fully owned by Ganfeng Lithium since December 2022, which provides significant financial and technical support. During its early growth phase, investors included M&G Plc and the Think BIG investor group.

Subscribe to Newsletter

Logo_Battery-Tech-Network_Thumbnail

Subscribe To Our
Weekly Newsletter​

Logo_Battery-Tech-Network_Thumbnail

Let's connect

and Find Out How We Can Support Your Business