By Syndicated Content
By Michael Nienaber
BERLIN (Reuters) â With an eye on rapidly rising demand from Germanyâs electric vehicle industry, power and mining companies alike are striving to bring to the surface lithium trapped in underground springs of boiling hot water thousands of metres below the Rhine river.
Straddling an area 300 kilometres (186.41 miles) long and up to 40 kilometres wide, the Upper-Rhine Valley in the Black Forest area of southwestern Germany holds enough lithium for more than 400 million electric cars, geologolists have estimated, making it one of the worldâs biggest deposits.
It could reduce the reliance of the German car industry, also located in southwestern Germany, on imported lithium and early-stage talks are under way with the auto manufacturers.
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