Portugal could next year approve lithium mining that will reduce Europe's dependence on outside sources for a key ingredient in the frenetic global race to decarbonize the auto industry.
Portugal could next year approve lithium mining that would reduce Europe’s dependence on outside sources for a key ingredient in the frenetic global race to decarbonize the auto industry.
The southern European nation is thought to have the continent’s largest lithium reserves. Alongside nickel and cobalt, lithium has become a prized raw material as it is a vital element in the production of electric vehicle (EV) batteries.
Demand is soaring as manufacturers scramble to produce low-emission fleets and governments seek to phase out fossil fuel-powered vehicles in the battle against climate change.
Portugal’s environment regulator is to deliver its verdict on the approval
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Portugal next year could approve lithium mining that will reduce Europe's dependence on outside sources for a key ingredient in the frenetic global race to decarbonise the auto industry.
Portugal next year could approve lithium mining that will reduce Europe's dependence on outside sources for a key ingredient in the frenetic global race to decarbonise the auto industry.