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...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.