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New lithium mining, refining projects set to strengthen Europe’s battery supply chains

December 12, 2023 Comments Off

Several European lithium mining and refining projects are poised to launch commercial operations next year, supported by a push among original equipment manufacturers, or OEMs, to regionalize their battery supply chains and reduce dependence on imported material. Based on existing plans, Europe’s annual lithium processing capacity is set to reach approximately 650,000 mt/year by 2028, with more than 20 projects…