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In 2021, the Commission approved the second battery-related Important Project of Common European Interest (IPCEI), jointly notified by 12 Member States, with a total value of €12 billion
Lithium prices surged higher again the past month. The China spot lithium carbonate price has reached a record US$70,585/t.
Lithium jumped 437% in 2021 & continues to rise. New battery manufacturing capacity is coming online faster than miners can open new mines & bring production to market. result is a lithium market showing no sign of slowing down