European Commission approves major lithium-ion subsidy scheme

By IM Staff
Published: Tuesday, 10 December 2019

The ambitious subsidy program has the potential to benefit miners, processors, manufacturers and recyclers of raw materials used in lithium-ion batteries.

The approval of €3.2 billion in subsidies by seven European Union members could generate a major mineral supply and processing chain to manufacture lithium-ion batteries in Europe. 

The decision, announced on Monday December 9 by the European Commission, effectively greenlights a major collaborative project designed to strengthen...

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