European lithium battery reserves

Does Europe have a lithium reserve?

As the electric car market in Europe steadily expands, Europe remains heavily dependent on lithium imports, which meet 86% of demand, even though some EU counties, in particular Portugal and Finland, have substantial lithium reserves. 1. Does the Commission know of any map of exploitable lithium reserves in Europe?

Could European lithium meet half of Europe's demand?

European lithium could potentially meet half of the region’s demand, or even more. But the job of getting lithium out of European ground is not easy. The metal is mostly found in hard-rock deposits. Open-pit mines are large, polluting, water-intensive and noisy.

Which country has the most lithium reserves?

Bolivia and Argentina have the greatest lithium reserves. In its 2024 update, the US Geological Survey listed Bolivia as having 23 million tons of lithium in reserve and Argentina with 22 million tons of lithium in reserve.

Does Europe still produce lithium?

Europe MAY not be as well endowed when it comes to lithium as Australia, China and Chile, but it is still home to an estimated 5% of the world’s reserves of the rare white metal. Yet it currently produces next to none of the stuff, which is crucial for making electric-vehicle (EV) batteries and energy-storage systems.

Which companies produce lithium ion cells in Europe?

ncrease of 25% to 235 GWh.Battery cell production EuropeThe increase in the electric vehicle nd battery market are also becoming noticeable in Europe. In Europe, ACC, AESC, CATL, LG Energy Solution, Northvolt, Samsung SDI and SK On produce lithium-ion cells (LIB)

Will the EU expand its battery production base over 2022-2030?

The EU is expected to expand its production base for battery raw materials and components over 2022-2030, and improve its current position and global share. However, dependencies and bottlenecks in the supply chain will remain creating vulnerabilities.