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November 27, 2024

Galp scraps joint venture with Northvolt to build Europe’s largest lithium refinery

It’s the latest blow to the battery manufacturer, which filed for bankruptcy last week

Freya Pratty

2 min read

Portuguese oil and gas giant Galp has scrapped its plans for Europe’s largest lithium plant. The project was initially conceived of as a 50/50 joint venture with Northvolt, the Swedish gigafactory manufacturer that filed for Chapter 11 bankruptcy in the US last week.

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Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

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