In the latest industry report released by market analyst Fitch Solutions, one can see that lithium development in the EU and the UK’s positive project developments will do well for the EU’s mission to decrease its dependence on critical minerals from China as well as stabilize battery supply chains in the UK.
Fitch highlights that securing strategic materials for the digital and green economy is the main theme for metals and mining this year — and not just in Europe. Just this month, a team of engineers from Penn State developed a fast-charging thermally modulated LFP battery. The lithium iron phosphate battery will provide various advantages to electric vehicle (“EV”) adoption by alleviating…
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