Tangible growth seen in global lithium market, says project developer

July 11, 2017

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The global lithium market has witnessed “significant and tangible” change in recent weeks, with Europe embracing lithium-ion energy storage on a political and industry level, says project developer Plymouth Minerals.

The company, which is developing the San Jose lithium/tin deposit in regional Spain, says Europe is positioning itself to be a leader in lithium-ion vehicle manufacture and use, citing the French government’s announcement last week that it would outlaw the sale of all petrol and diesel vehicles by 2040. Vehicle manufacturer Volvo also announced recently that it would offer electric options on its entire vehicle fleet by 2019.

Category: General