Gigantic lithium deposits in the Altmark: Germany’s green future!

Gigantic lithium deposits in the Altmark: Germany’s green future!

In the Altmark, Saxony-Anhalt, the energy company Neptune Energy has discovered a huge lithium deposit, which boasts an estimated amount of around 43 million tonnes of lithium carbonate equivalent (LCE). This find could be invaluable to the domestic auto industry and reduce Germany's current import dependency. Lithium, an essential raw material for rechargeable batteries in electric vehicles, smartphones and tablets, is becoming increasingly important. Loud State newspaper The planned reduction could not only increase security of supply, but also promote the creation of up to 1,500 jobs in the region.

Neptune Energy has already secured mining law insight into a license area in the Salzwedel, Gardeleben and Stendal triangle. There are three pilot projects on the feasibility of lithium extraction State newspaper has already been completed, and a demonstration phase to test the technology for commercial production is being planned. The aim is to start funding in 2033, although implementation depends on approvals granted.

Sustainability in focus

But how is lithium obtained? An innovative process is currently being planned: hot thermal water is pumped to the surface, lithium is extracted from it and the water is then returned. This method could reduce environmental impact compared to traditional mining methods. A white paper from Fraunhofer FFB examines global extraction and dependencies and shows that today's lithium extraction processes can also have significant ecological impacts. Of particular note is that 74% of the world's lithium comes from Australia and Chile, while Europe is almost entirely dependent on imports. Only 2.5% of global lithium reserves are located here, like that Electric car news portal clarified.

In order to secure future lithium supplies, sustainable production and recycling strategies are essential. The white paper highlights various processes for recycling battery raw materials that are central to the European circular economy. The recycling market is driven by growing electrification and new legislation in Europe. Fraunhofer FFB emphasizes that relevant quantities of secondary raw materials from vehicle batteries will only be available from 2035.

Economic opportunities and challenges

The economic impact of a fully developed lithium project could prove enormous. An analysis by IW Consult predicts a gross value added of around 6.4 billion euros, which could catapult the region onto the international raw materials market. Developing untapped reserves in North America and Africa could also provide additional market opportunities and reduce pressure on existing supply chains.

The coming years will be crucial for lithium production in Germany. The combination of technological innovations and the need to reduce dependence on foreign raw materials could pave the way for a more sustainable and economically stronger future.