Industry supports $103 million investment in Andorra with 100 Euros from Electric Car Perte

The amount of help is staggering. There is no other way to say this, only 12 projects have been approved to date – including Andorra – including the Ford battery plant in Almussafes (Valencia), which received 37.6 million eurosor the AESC gigafactory at Navalmoral de la Mata (Cáceres), It was done with a loan of 200 million plus another 100 million. Sources from the ministry headed by Héctor Gómez state: ““That’s the money the company is demanding.”. “We think this may have been an error on their part and they will correct it during the allegations period,” they say.

In the absence of an official presentation, the initiative proposes refining cobalt to obtain a mineral and use it in the assembly of electric vehicle batteries. hearts cars The future, whose production faces the problem of supplying lithium, manganese, nickel and cobalt. Refinasol also planned to promote the assembly and recycling of high-capacity, low-weight batteries.

As this newspaper has learned, Javier Lambán’s manager continued contacts with Refinasol representatives in March 2022, and Refinasol representatives also requested the Declaration of Autonomous Interests to accelerate their investment in April of the same year. The request was put on hold due to the closeness of the May 28 elections and the difficulties in obtaining all the land needed for the 40 to 50 hectare project to build the factory, as it belonged to several different owners.

Refinasol Barmatt company is a limited company with a capital of 60,000 Euros and was established in May 2022, just a few months after the British businessman named Robert Dudley Heesom, who heads the company, founded Refinasol Holdings Limited. The board is completed by two former executives of Nissan and Renault in Spain: Catalan engineer Jesús Montoliú Fayás (who became director of the Japanese car brand’s operations in Spain) and Catalan businessman Josep Peret Jordana. In fact, the former head of the Government of Aragon, Javier Lambán, met with some council members in Andorra in a macro meeting with investors in the mining town, which faces the problem of re-industrialization after the closure of the thermal power plant in 2020. .

Actually in the environment There are projects similar to those designed by Refinasol in the Mineral Basins. The Catalan company Oxaquim, whose production center has been in Alcañiz since 1991, is investing 170 million euros to build an oxalic acid factory; This ingredient is rapidly increasing in demand due to the so-called purification required. Rare earths vital for the production of plug-in car batteries, microprocessors or windmills. The company Recobat (Ecological Recovery of Batteries SL) in Albalate del Arzobispo is committed to repurposing highly polluting batteries and lead compounds.

Battery components could take on even greater importance if Aragon finally hosts a gigafactory for the production of these devices, key to the transition to green mobility. After Volkswagen’s failure that ended in Saguntoand Aragon, holding out hope for Tata Motors heading to the UK, now illuminated by the macro factory Stellantis needs to build to power its electric vehicles. The competition will include the well-known factory in Vigo and the factory in Portugal, where the CEO of the multinational company, Carlos Tavares, comes from.