Lifthium Energy receives grant for refinery in Portugal
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Lifthium Energy has secured a €180 million state grant for a lithium refinery in Estarreja, Portugal, aiming for a 2030 operational start and a capacity of 50,000 tons of lithium hydroxide. The funding comes under the EU's Temporary Crisis and Transition Framework to support energy transition. Lifthium, primarily owned by José de Mello, plans to use proprietary technology to meet regulatory standards. The project is not fully financed, and the company is seeking strategic partners for further development, with potential plans for a second refinery in Spain.
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