Novo Lítio Ltd is an Australian ASX and Frankfurt-listed Company which aims to become a sustainable European lithium carbonate/lithium hydroxide supplier to the burgeoning lithium-ion battery production market in Europe. Europe is leading the world in uptake of electric vehicles (EVs) using lithium-ion batteries; this, coupled with the increasing demand for home and commercial energy storage, is driving the growth in lithium-ion battery demand. The domestic manufacturing of lithium-ion batteries, cells and associated cathode/electrolyte is critical for Europe’s future economy and security, as is the domestic production of the raw materials necessary for this manufacturing, especially lithium. Sourcing lithium domestically will also significantly reduce the carbon footprint of the battery supply chain.
The team at Novo Lítio are highly motivated to source the raw materials required for the global transition to a low-emissions, renewable energy-powered future.