PARIS–(BUSINESS WIRE)– Regulatory news:

(Photo: BusinessWire)

Technip Energies (PARIS: TE) has been awarded a Bankable Feasibility Study (BFS) contract with Viridian Lithium for the construction of the first lithium refining and conversion plant in Europe.

Located in Lauterbourg, France, the plant will produce up to 100,000 tonnes of battery-grade lithium chemicals per year – equivalent to the capacity to power 2 million electric vehicles – to enable a supply chain in safe and sustainable batteries for the transition to electric mobility.

The contract consists of a bankable feasibility study (BFS), and a preferential right on the construction of the plant and its three planned extensions.

Laure Mandrou, Senior Vice President Decarbonized Solutions at Technip Energiessaid: “We are very happy to start this new adventure with Viridian Lithium. This is the start of an industrial partnership that is fully in line with Technip Energies’ strategy of engineering for a sustainable future. We are committed to supporting Viridian Lithium in the creation of the first French and European Lithium sector.”

Remy Welschinger, co-founder and president of Viridian Lithiumsaid, “We are very pleased to partner with Technip Energies to develop a clean and reliable supply chain for batteries to facilitate the transition to electric mobility.”

Purified lithium chemicals are non-substitutable materials for lithium-ion batteries and are strategic materials for the European automotive industry. The project will increase the supply chain autonomy of our electric vehicle industry. Lithium is one of the four key metals of the energy transition.

About Technip Energies

Technip Energies is a leading engineering and technology company for the energy transition, with leading positions in liquefied natural gas (LNG), hydrogen and ethylene as well as growing market positions in the blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by an extensive offering of technologies, products and services.

Present in 34 countries, our 15,000 employees are fully committed to bringing our customers’ innovative projects to life, to breaking down borders to accelerate the energy transition for a better future.

Technip Energies is listed on Euronext Paris with American Certificates of Deposit (“ADR”) traded over-the-counter in the United States. For more information: www.technipenergies.com.

Important Information for Investors and Security Holders

Forward-looking statement

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events and to revenues, profits, cash flows or other aspects of Technip Energies’ operations or results of operations. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “anticipate”, “should”, “should”, “could”. ‘, ‘could’, ‘estimate’, ‘outlook’ and similar expressions, including their negative form. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions regarding future developments and business conditions and their potential effect on Technip Energies. Although Technip Energies believes that these forward-looking statements are reasonable as made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.

All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are material or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies historical experience and current expectations or projections of Technip Energies. . Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those set forth in the forward-looking statements. For additional information on known material factors that could cause actual results to differ materially from projected results, please see Technip Energies’ risk factors disclosed in Technip Energies’ filings with the Securities and Exchange Commission. United States, which includes amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.

Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no obligation and will not necessarily update forward-looking statements in light of new information or future events, except to the extent required by applicable law.

Technip Energies
Investor Relations
Phil Lindsay
Vice President Investor Relations
Tel: +44 20 7585 5051
Email: Philippe Lindsay

Media Relations
Stella Smoke
Press Relations & Digital Communication Director
Tel: +33 (1) 85 67 40 95
Email: Stella Fumey

Jason Hyonne
Responsible for press relations and social networks
Tel: +33 1 47 78 22 89
Email: Jason Hyonne

Viridian lithium
www.viridianlithium.com
Email: [email protected]hium.com

Source: Technip Energies

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