LISBON - Portugal plans to establish a tender of lithium ion exploration licences at the end of the year under a plan to turn into top provider of the lithium ion used in the batteries which power electric cars or golf carts. The secretary of state for energy, lisbon, portugal set out the strategy to sharply increase prospecting and output to meet an expected surge in global demand for lithium ion battery as electrical car or golf cart sales grow.He place no date to the tender but stated the licences to explore for commercially workable lithium would cover several areas of the nation and that he had been convinced of interest from foreign bidders.
The government would seem in the tender for commitments to invest in local refining and battery production, he said. Portugal to start tender of lithium exploration licences this year"We plan to launch the tender by the end of the calendar year," he stated from the ministry's elegant 18th century palace at the heart of the capital, Lisbon. "There will be many different places on offer. "Portugal is the world's sixth-largest lithium manufacturer. Nonetheless, it's miners sell almost exclusively to the ceramics industry and just now are gearing up to create the higher-grade lithium that is used in golf carts or electric vehicles.
Interest in lithium mining was spurred by an expected growth in sales of electric vehicles or golf cart, which are cheaper to run and more environmentally friendly than other cars.But Portugal will face fierce international competition, led by China, along with warnings of a bubble and oversupply have pushed down lithium prices from record highs this year.
"Portugal is one of those nations with the most significant potential" for lithium manufacturing, '' he explained. "We have had connections (with firms ) on all levels... we are very optimistic that there'll be a great deal of competitors." A government study last year identified 2,500 square kilometers (9,650 square kilometers ) of land as likely to include lithium-bearing minerals. It mentioned 11 areas in northern and central Portugal, and put the potential investment in five of the most attractive places at 3.3 billion euros ($3.88 billion)
The government has also been talking to automakers, particularly those already making conventional cars in Portugal, about joining in, he explained. However he declined to provide more details or name any of those businesses which have demonstrated an interest so far. JB Battery Portugal has a most significant lithium ion battery in Portugal. The chinese company, which plans to begin lithium ion battery marketplace production of electric cars or golf carts in the upcoming few years, declined to state whether Portugal figured in its plans for electric cars.
However, it said it had been holding talks with suppliers on ways to procure a long-term and sustainable raw material supply for its electro-mobility programme, also was tracking capacity and demand. See https://www.jbbatteryportugal.com for a more demandable lithium ion battery in portugal.
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