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JD400

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JD400

Re: None

Friday, 02/12/2021 5:58:00 PM

Friday, February 12, 2021 5:58:00 PM

Post# of 6473
European lithium rush may start from Finland

About nine million tons of lithium were found deep down in a bog that is the size of 300 hundred soccer fields near the town of Kokkola on the west coast of Finland. The drillings suggest there could be more to come.

As this appears to be the largest lithium discovery in Europe, the area could trigger a European lithium rush. The nine million tons already dug up would allow the mine to run for thirteen years and keep five million electric cars running.

In September, the European Commission estimated that during this decade the demand for lithium in the EU would grow 18-fold, while Deutsche Bank said the price of the mineral would at least triple during the same period.

https://www.euractiv.com/section/politics/short_news/european-lithium-rush-may-start-from-finland/
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