Energy

Lithium:

Monday, July 19, 2021

EU’s battery industry will need 18 times more supply of lithium by 2030 and 60 times more by 2050. “With this huge demand comes a huge opportunity for Ukraine not only for extracting lithium but also for refining lithium due to the unavailability of the refining capacity in Europe.”

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By 2025, the EU plans to make batteries for 6 to 8 million electric cars per year.

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