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Europe promises sustainable lithium, but production is years away

Brine pools at a SQM lithium mine in Chile
Brine pools at a SQM lithium mine in Chile. The International Energy Agency predicts that by 2030, 85% of lithium refining will take place in Chile, China and Argentina (Photo: Cristobal Olivares/Bloomberg)

Europe accounts for less than 1% of global lithium supply but is seeking to boost this by 2030

The EU Critical Raw Materials Act , which came into force on May 23, aims to diversify Europe’s supply of the minerals needed for the “green and digital transitions”. It set benchmark targets the EU must meet by 2030 to secure the supply of critical minerals such as lithium, copper and cobalt.

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