Discussing The Supplier Of Lithium Ion Battery In Portugal Market

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Date sent: 2021/02/14 07:15:14
LISBON - Portugal intends to launch a tender of lithium ion exploration licences by the end of the year under a strategy to become top provider of this lithium ion used in the batteries that power electric cars or golf carts. The secretary of state for energy, lisbon, portugal set out the plan to sharply increase prospecting and output to meet an expected surge in global demand for lithium ion battery as electric vehicle or golf cart sales grow.He place no date for the tender but stated the licences to explore commercially workable lithium would cover many areas of the country and that he was convinced of attention from overseas bidders.

The government would seem in the tender for commitments to invest in local battery and refining manufacturing, he said. Portugal to launch tender of lithium exploration licences this year"We intend to launch the tender by the end of the year," he said from the ministry's most elegant 18th century palace at the heart of the capital, Lisbon. "There will be many distinct places on offer. "Portugal is the world's sixth-largest lithium producer. But it's miners sell almost exclusively to the ceramics industry and just now are gearing up to produce the higher-grade lithium that is used in golf carts or electrical vehicles.

Interest in lithium mining was spurred by an expected growth in sales of electric vehicles or golf cart, which can be cheaper to operate and more environmentally friendly than other cars.But Portugal will face fierce international competition, led by China, and warnings of a bubble and oversupply have pushed lithium prices down from record highs this season.

"Portugal is among those nations with the largest potential" for lithium ion production, '' he said. "We've had contacts (with companies) on all levels... we are very optimistic that there will be a great deal of competitions" A government study last year identified 2,500 square kilometers (9,650 square miles) of land as likely to contain lithium-bearing minerals. It mentioned 11 regions in central and northern Portugal, and put the potential investment in five of their most appealing areas at 3.3 billion euros ($3.88 billion)

The government has also been talking to automakers, particularly those already making traditional cars in Portugal, about joining in, '' he said. However he declined to provide more information or name some of the businesses that have shown an interest thus far. JB Battery Portugal has a largest lithium ion battery in Portugal. The chinese company, which intends to start lithium ion battery marketplace creation of electric cars or golf carts in the upcoming few years, declined to state whether Portugal guessed in its own strategies for electric cars.

But it said it had been holding discussions with providers on ways to secure a sustainable and long-term raw material supply because of its electro-mobility programme, also has been monitoring capacity and demand. Visit for a more demandable lithium ion battery in portugal.

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