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New Lithium Related Article, page-3448

  1. 3,409 Posts.
    lightbulb Created with Sketch. 416
    Nup –

    Nothing there on brine?

    However,

    Sales look good –

    It may appear that customers are turning away from Ignition Combustion Engines, (ICE) in favour of Electric cars, (EV's).

    “Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles,” Volkswagen’s board member for procurement Dr Stefan Sommer said.

    “That means approximately a quarter of the vehicles we deliver in 2025 will be powered by electricity.

    “Consequently, there will be a rapid increase in our raw material demand for cell production in the coming years.

    We must make sure we cover this demand at an early stage.

    “Long-term agreements like the one for lithium, a key raw material, that we have just concluded with Ganfeng are therefore of crucial strategic significance for implementing our electric offensive.”

    Reference -

    Motoring. (12-12-2019) Australian lithium to power BMW
    https://www.motoring.com.au/australian-lithium-to-power-bmw-122056/


 
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