Great article...

Great article

https://www.hellenicshippingnews.com/europe-looks-to-cut-dependence-on-chinese-commodities/

"The European Union has issued a plan to cut its dependence on Chinese supplies of rare earths, lithium batteries and solar-cell components, as it tries to build a green-energy economy that isn’t largely made in Beijing.
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Beside the strategic challenge lies a simple supply-demand problem: in some cases, Chinese production simply won’t be enough to meet soaring European appetite as the continent implements its shift to net-zero emissions by 2050.Although lithium isn’t a short-term worry, for example, “in the medium-term, large investments are needed to avoid a significant market deficit beyond 2025”, the EC said. The report estimates the continent will need 18 times its current demand for battery-grade lithium by 2030, and up to 60 times as much by 2050.That’s attracted ASX-listed players such as European Metals Holdings, Vulcan Energy Resources, European Lithium and Infinity Lithium, which have mining and processing projects on foot in countries such as Austria, the Czech Republic, Germany and Spain"