Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Insight into the future of EV batteries....https://www.theguardian.com/environment/2024/feb/04/solid-state-batteries-inside-the-race-to-transform-the-science-of-electric-vehicles
Https://www.portugalresident.com/former-workers-protest-against-criminal-closure-of-matosinhos-refinery/
Don't know if this points to Portugal looking more seriously at the lithium route.
https://www.theguardian.com/world/2022/aug/16/china-rations-electricity-to-factories-as-heatwave-sees-power-demand-surge
Move likely to hit output of lithium
https://www.dailymail.co.uk/money/electriccars/article-11027813/ Solid-state-batteries-cut-carbon-footprint-EVs-quarter-says-report.html Report in the daily mail which reads that next gen EV batteries will require more lithium(35%) more and less graphite and cobalt.....thoughts....
With the on going fires in Portugal and likely to continue in the future...agriculture...olive tree plantations being wiped out , the cost to the economy in infrastructure repairs etc...one would have thought that the government would be looking at other ways of producing an income..
https://www.theguardian.com/business/2022/may/10/electric-car-battery-shortage-looms-in-2025-warns-stellantis-boss.....another good reason for the Portuguese to get a move on
Furthermore....https://www.dw.com/en/portugal-war-over-lithium-behind-the-mountains/a-59064217. "Will profits really stay in the country?
Whether this will be the case is uncertain, though. According to Nuno Forner from the environmental pressure group Zero, foreign companies are interested in mining lithium in Portugal, but less so in refining the mined metal locally.
"There are no concrete commitments by companies to help build a lithium refinery or a battery plan — the odds are the profitable processing of the raw material will happen abroad," he said."...This has now been contradicted by this...."Swedish battery storage company Northvolt and Galp have agreed to set up a joint venture called Aurora with the goal to build Europe’s largest and most sustainable integrated lithium conversion plant. The facility in Portugal is set to have an initial annual output capacity of up to 35,000 tonnes of battery grade lithium hydroxide, a material needed in the production of lithium-ion batteries."
With inflation rising across Europe, higher energy and fuels costs, covid to pay for, then Portugal needs to have more income ... Lithium mining should seem the common sense approach to these politicians.....then again...has anybody ever seen anyone with a degree in common sense ..
With the rail freight agreement signed for 43 mill euro and "Portugal) for new services that could include the transport of lithium" would seem that lithium is high up on the agenda..Would the Portuguese gov pay any attention to an ex pat after Brexit?