The Battery Value Chain Agenda (in its Portuguese acronym CVB) aims to create a battery value chain from scratch in Portugal, integrating activities such as mining, refining, battery assembly, and the circularity of materials, by-products and waste.
With the implementation of the battery value chain, Portugal will become the fifth largest lithium producer in the world and the first country in Europe to operate a refinery for processing this mineral. This will ensure the production and export of spodumene concentrates, lithium hydroxide, and batteries. These products have strong global demand, mainly due to the automotive industry's growing shift towards electric vehicle production, in line with the paradigm of electric mobility and energy transition.
The CVB Agenda will make a significant contribution to the structural transformation of the Portuguese economy by enabling the production of highly demanded and higher value-added tradable goods.