Who makes lithium batteries in Europe?

They included Mercedes-Benz and Stellantis, who between them account for almost a quarter of all car sales in Europe. Representatives of lithium battery-makers also looked on as Serbia and the EU signed an agreement to establish a “strategic partnership on sustainable raw materials, battery production chains and electric vehicles”.

Why did Europe and Serbia sign a lithium deal?

Belgrade (AFP) – The European Union and Serbia signed a deal Friday to develop the supply of lithium seen as a crucial building block to achieve Europe's transition to a green economy. Issued on: 19/07/2024 - 05:19 Modified: 19/07/2024 - 16:21

Will Serbia meet Europe's lithium demand?

The Serbian government said it aims to meet at least 20% of Europe’s lithium demand. For Europe's green transformation, the prospect of a huge lithium supply in the heart of the continent would be a huge relief. Most of the lithium Europe uses currently comes from Asia and South America.

Will Serbia's 'lithium deal' be a green Boon?

Serbia's "lithium deal" is coming back as part of an initiative that officials in Brussels, Belgrade and Berlin hope will be a huge green boon for the continent. A rather sudden and under-the-radar meeting took place in Serbia's capital last week.

Where is lithium found in Serbia?

Serbia has vast lithium deposits near the western city of Loznica, where a mining project being developed by Anglo-Australian mining giant Rio Tinto has been a perennial political fault line in the Balkan country in recent years.

How much lithium can Serbia produce a year?

Rio Tinto has said Serbia's lithium reserves in Loznica could produce an estimated 58,000 tonnes annually, enough for 1.1 million electric vehicles. During an interview with Germany's Handelsblatt ahead of the Belgrade summit, Vucic said conversations were ongoing with a range of European automakers including Mercedes, Volkswagen and Stellantis.