Tuesday, October 25, 2022

"France enters ‘white gold’ rush as top producer aims to supply Europe with lithium"

From CNBC, October 25:

  • Imerys says its Emili Project will be located at a site in the center of France.
  • The company is targeting 34,000 metric tons of lithium hydroxide production each year from 2028.
  • The EU plans to stop the sale of new diesel and gasoline cars and vans from 2035. The U.K., which left the EU on Jan. 31, 2020, is pursuing similar targets.

Paris-headquartered minerals giant Imerys plans to develop a lithium extraction project that it’s hoped will help meet demand and secure supply for Europe’s emerging electric vehicle market.

In a statement Monday, Imerys said its Emili Project would be located at a site in the center of France, with the company targeting 34,000 metric tons of lithium hydroxide production each year from 2028.

According to the business, this level of production would be enough to “equip approximately 700,000 electrical vehicles per year.”....

....MUCH MORE