Geneva DryTelestackSailors SocietyTBA GroupBühler GmbHTOC Americas
  • TBA Group
  • TOC Americas
  • Vigan
  • Port of South Louisiana
  • Telestack
  • Sailors Society

Titan Lithium to set up AED 5 Billion processing plant in KEZAD

Titan Lithium to set up AED 5 Billion processing plant in KEZAD

(Posted on 14/02/24)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah).

To be developed in three stages with AED 5 billion in investment by Titan Lithium, the plant will produce battery-grade lithium carbonate and lithium hydroxide for battery makers and electric vehicle OEMs around the world. Spanning over 290,000 square metres, the plant represents a critical turning point in the UAE’s development as a key force in the worldwide lithium processing market.

It also reinforces AD Ports Group strategy to be involved across the entire supply chain in the automotive industry with end-to-end logistics solutions, from the factory to the end-customer.

Once established, the plant will be importing approximately 150,000 tonnes of Lithium annually from its mines in Zimbabwe for processing through the adjacent Khalifa Port. This is a clear illustration of AD Ports Group symbiotic ecosystem built in Abu Dhabi, whereby the whole ecosystem benefits through revenue synergies from a significant development for one of the five vertically integrated clusters.

Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi - KEZAD Group said: “The establishment of the lithium processing plant aligns with the UAE’s broader goals of innovation and sustainable development, as well as KEZAD Group’s goals for sustainable development. It is an extension of synergies announced during COP28 summit in the UAE, and the vision of the leadership of the country.

“We welcome Titan Lithium Industries to KEZAD, and look forward to the project’s significant contribution to the UAE’s strategic vision of diversifying its economy and reinforcing its position in the global market.”

Vaibhav Jain, Founder and President of Titan Lithium Industries Ltd, said: “Our facility in KEZAD is not just an investment in the future of Abu Dhabi and Titan Lithium Industries, but a stride towards a sustainable and better future for the world. Lithium is the new oil, and through this project, we are positioning the UAE, and specifically Abu Dhabi, as a pivotal hub in the lithium processing domain.”

The project is poised to create a number of job opportunities, stimulate the local economy, and place Abu Dhabi at the forefront of the lithium processing industry. As the world transitions to renewable energy sources, the role of lithium as a key component in this shift becomes increasingly vital.

The proposed plant will use state-of-the-art technologies and the best sustainable practices in its operations, ensuring the highest level of environmental responsibility while driving forward the global electric vehicle revolution.

Availability of processed Lithium is crucial for the manufacturing of battery packs used in electric vehicles, a rapidly growing sector in the global push for sustainable energy solutions.

The UAE, as a part of its commitment to achieving the net-zero emissions target, has announced that it will increase the share of electric and hybrid vehicles to 50 percent of all sold vehicles by 2050, thereby boosting demand for battery materials in the country.

Latest News

Canadian tariffs on Chinese steel and aluminium products enter into force

(Posted on 26/10/24)

Tariffs on Chinese steel and aluminium products have entered into force following rigorous examination... Read more


Increased copper and iron ore production for BHP

(Posted on 19/10/24)

BHP have released their operational review for the quarter ended 30 September 2024.BHP Chief Executive... Read more


Safety a priority as Rio Tinto releases Q3 production results

(Posted on 18/10/24)

Rio Tinto is continuing to prioritise learning from safety incidents to improve the effectiveness of... Read more


IFA and Proba launch global programme for GHG emissions reduction

(Posted on 14/10/24)

The International Fertilizer Association (IFA) is partnering with supply chain decarbonization startup... Read more


Export Exchange 2024 wraps up as trade teams head across the USA

(Posted on 14/10/24)

Export Exchange 2024, sponsored by the U.S. Grains Council (USGC), Growth Energy and the Renewable Fuels... Read more


MPA welcomes UK Government’s commitment to fund CCUS

(Posted on 08/10/24)

The Mineral Products Association (MPA) has welcomed the Government’s pledge to fund the launch... Read more


Glencore’s Stephen Rowland elected Chair of ICA’s Board

(Posted on 08/10/24)

The Board of Directors of the International Copper Association (ICA) has elected Stephen Rowland, Glencore... Read more


NGFA highlights ‘trifecta of transportation trouble’ for US agriculture

(Posted on 01/10/24)

Potential disruptions to the nation’s shipping infrastructure could have a devastating effect... Read more


ADM adds non-GM capabilities in Hungary

(Posted on 01/10/24)

ADM has announced that it has reached an agreement to acquire Vandamme Hungaria Kft and its related... Read more


Richard Holtum to become Trafigura CEO from 1 January 2025

(Posted on 25/09/24)

Trafigura Group Pte Ltd has announced that Richard Holtum will become Chief Executive Officer (CEO)... Read more


Port of StocktonCimbriaVan AalstTMS Awards 2023ViganPort of South Louisiana
  • TMS Awards 2023
  • Bühler GmbH
  • Van Aalst

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping