https://newsletter.mw.creamermedia.com
Automotive|Infrastructure|PROJECT|rail|Road|supply-chain|Sustainable|Products|Infrastructure
Automotive|Infrastructure|PROJECT|rail|Road|supply-chain|Sustainable|Products|Infrastructure
automotive|infrastructure|project|rail|road|supply chain|sustainable|products|infrastructure

BMW commits to Wolfsberg lithium project

6th June 2024

By: Creamer Media Reporter

     

Font size: - +

Automotive giant BMW has transferred $15-million to ECM Lithium, a subsidiary of Nasdaq-listed Critical Metals Corp (CRML) for the offtake of battery-grade lithium hydroxide from the Wolfsberg lithium project, in Austria.

“This is a huge milestone for the Wolfsberg project, which now paves the way for the next financing steps,” said European Lithium chairperson Tony Sage.

ASX-listed European Lithium holds about 83% of Critical Metals. Sage is also the CEO and executive chairperson of CRML.

“We are pleased to move our partnership with BMW forward and look forward to supporting the production of their electric vehicles in Europe in the years to come, contributing to a more sustainable and domestic battery supply chain.”

The Wolfsberg project is the first fully permitted lithium mine in Europe and is strategically located with access to established road and rail infrastructure and is expected to be the next major producer of key lithium products to support the European market.

Edited by Creamer Media Reporter

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:2.967 3.054s - 129pq - 2rq
Subscribe Now