Prime Lithium stands as a significant contributor to Germany’s lithium production industry, focusing on creating sustainable battery materials for electric vehicles (EVs). Founded in 2021, the company specializes in manufacturing lithium hydroxide monohydrate (LHM), a crucial component for high-performance lithium-ion batteries. With a team of over 20 international experts in lithium and chemical processing, Prime Lithium aims to address the growing demand for battery materials in Europe, which is expected to require more than 600,000 tons of lithium carbonate equivalent (LCE) by 2030.
Battery Technology
Prime Lithium’s core technology centers on producing battery-grade lithium hydroxide monohydrate through advanced chemical processing methods. The company has developed proprietary techniques to enhance the traditional soda leach process, resulting in consistent, high-quality lithium production while minimizing environmental impact. Their first production facility, known as “Train 1,” will be established at the Stade Chemical Park near Hamburg, Germany, with operations scheduled to begin by 2030.
The company’s Research and Development Center in Stade houses an interdisciplinary team of chemists and process engineers who work on improving lithium production efficiency. Their innovative approach focuses on reducing carbon emissions throughout the manufacturing process, setting new standards for sustainable lithium production in Europe.
Prime Lithium’s technology addresses the specific requirements of major battery manufacturers, including BASF, Northvolt, and VW. The company’s production methods are designed to meet strict European quality standards while maintaining environmental responsibility, supporting the region’s transition to electric mobility.
Recent Projects
In a significant development, Prime Lithium partnered with IBC Advanced Technologies to launch Project Sweetwater in Wyoming, USA. This initiative aims to create a large-scale, carbon-neutral lithium hydroxide production facility utilizing Direct Lithium to Product (DLP) technology. The project is designed to produce 8,000 tons of lithium hydroxide annually, with potential expansion to 35,000 tons. Beyond lithium production, the facility will generate clean water and provide carbon dioxide storage capabilities, contributing to sustainable mineral supply chains in North America.
Investors
Prime Lithium’s ownership structure underwent significant changes in December 2024. Initially, Deutsche Rohstoff AG held 85% of the company’s shares, with CEO Dr. Axel C. Heitmann owning the remaining 15%. Following a strategic decision by Deutsche Rohstoff AG to focus on its core business, Dr. Heitmann acquired full ownership of Prime Lithium. The company is currently seeking new investors to support its next phase of development and expansion plans.
Business Details
Location: Hamburg, Germany
Website: https://primelithium.com
LinkedIn: https://www.linkedin.com/company/97104145
