Lithium conversion facility, Vietnam
Name of the Project
Lithium conversion facility.
Location
Close to VinES Energy Solutions’ (VinES’s) battery plant, in Vietnam.
Project Owner/s
Pan Asia Metals (PAM) and VinES.
Project Description
PAM and VinES signed a nonbinding memorandum of understanding in May 2023 to undertake a joint feasibility study for a standalone lithium conversion facility.
The companies have proposed a facility with a production capacity of 20 000 t/y to 25 000 t/y of lithium carbonate and/or lithium hydroxide.
Positive feasibility study results will lead to a definitive agreement between the parties to proceed with the project.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
PAM has started feasibility study work on the project.
Following the successful completion of the study, PAM and VinES will potentially negotiate and agree on terms of the binding definitive agreement defining the collaboration on the project.
Key Contracts, Suppliers and Consultants
Not stated.
Contact Details for Project Information
PAM, email contactus@panasiametal.com.
VinES, tel +84 24 710 12888 or email info@vines.net.vn.
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