Not factually correct, although at this stage Portugal is not...

Not factually correct, although at this stage Portugal is not producing quantities that the battery industry would consume.
Lets also factually put it in context, VUL is NOT YET a Li producer .... but I hope that they will be comercially within next couple of years.

Serbia has some huge Li reserves, but mining looks to be ‘locked out’ due to enviro-political decisions.
USGS claims that there are likely to be huge amounts of Li in Europe, but not necessarily in the current ‘conventional’ forms of spodumene snd chloride brines.


“At present, Portugal is the only EU Member State to mine and process lithium. It produces a relatively small supply of lithium that is used for ceramics manufacturing. But according to the 2021 mineral commodity summaries produced by the US Geological Survey, Portugal holds the world’s eighth-largest lithium supply, following Brazil and Zimbabwe. Several multinational mining corporations are hoping to break ground on new open-pit mines in the country in the next few years. Savannah Resources, a London-based mineral mining company, has proposed a number of sites for lithium mines in Portugal’s Covas do Barroso region. According to a statement provided by the company, the “Barroso Lithium Project” will produce enough lithium for 500,000 battery packs per year, and commercial production is expected to begin by 2026.”