Ion energy Gibraltar

Who is ion energy?

ION Energy is an Advanced Electronics & Software supplier for EVs & ESS. It is focused on building technology that will improve the life and performance of lithium-ion batteries that power electric vehicles and energy storage systems. ION Energy is accelerating Earth's transition to an all-electric planet.

Does Gibraltar have electricity?

Until recently, Gibraltar’s electricity supply was dependent on some 40 diesel‑powered engines and turbines distributed across Gibraltar. In 2019 a new, modern power station situated at the North Mole commenced operation running long term on liquid natural gas (LNG).

Does Gibraltar need a cleaner liquefied natural gas (LNG)?

Until recently, Gibraltar’s energy needs were 100% powered by marine diesel – so, a better solution was urgently needed – one that switches from diesel to cleaner liquefied natural gas (LNG).

Why invest in ion energy?

The Baavhai Uul Lithium Brine licence was acquired in 2019, and since then the ION Energy team has pursued an aggressive growth strategy. ION Energy’s vision is steadily turning into execution and creating a strong value proposition, with its solid strategic advantages and its seasoned leadership team.

Does Gibraltar need a new LNG terminal?

The new LNG terminal in Gibraltar consists of five double-wall stainless steel tanks, each with a capacity of 1,000 square meters. Michael Caetano, Chief Operational Officer of the Gibraltar Electricity Authority (GEA), explains, “Gibraltar needs a new, modern power plant. The existing plant is almost 40 years old.”

How did ion energy start?

Ali and Matthew started discussions with the Mongolian government about the potential for lithium in-country – and the vision for ION Energy was born! Our first asset was a licence in the arid and infrastructure rich region of the South Gobi Desert, just 24km from the Chinese border.