News in Numbers

47

The EU has announced 47 strategic projects worth €22.5bn to boost domestic raw material production. They focus on lithium, nickel, cobalt and other critical materials for batteries.

60,000t

Russia aims to produce 60,000 tonnes of lithium carbonate annually by 2030, significantly increasing its role in the global electric vehicle battery supply chain.

1,635%

American Salars plans a 1,635% expansion of its Pocitos project in Argentina, after agreeing to acquire the 13,080ha Salar De Pocitos project.

€400m

The European Investment Bank has signed a €400m loan agreement with Orano to fund the Georges Besse 2 uranium conversion plant in France.

16 years

The US government has approved a 16-year extension for the Spring Creek Mine expansion in Montana, enabling continued coal production and job support.

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