A Chinese company recently secured a contract with a Zimbabwean lithium mine to export the metal, which is vital to the manufacture of batteries used in electric vehicles (EVs), to China starting in 2023, Deutsche Welle (DW) reported Monday.
Brazil’s Ministry of Mines and Energy said on Thursday that it hopes to attract over $2.7 billion in foreign investments to develop its lithium industry by the end of this decade. Lithium is a vital component for batteries, including those employed by electric vehicles.
The Saudi Ministry of Industry and Mineral Resources on Friday announced $6 billion in funding for a plant that will manufacture metals for electric vehicle batteries, plus plans for another $32 billion invested into Saudi Arabia’s mining industry.
The Mexican Senate voted 87-20 on Tuesday to amend mining laws to nationalize reserves of lithium, a key component of batteries, including those used in electric cars.
Chileans on Friday protested against outgoing president Sebastian Pinera’s attempt to push through a last-minute lithium mining contract before leftist president Gabriel Boric takes office in two months, and possibly nationalizes the lithium industry.
May 8 (UPI) — Former NFL quarterback Johnny Manziel was hospitalized in Texas following a “scary” reaction to medication he takes for bipolar disorder.
