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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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Rio Tinto starts demonstration plant in Québec for new spodumene concentration process

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Rio Tinto has started producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in its Rio Tinto Iron and Titanium (RTIT) Québec Operations in its metallurgical complex in Sorel-Tracy, Canada.

Serbia 199
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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

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KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

Bolivia 199