Electric vehicle, battery manufacturers looking to invest in lithium mines
Electric vehicle and lithium-ion battery manufacturers are so concerned about securing supply of the battery material they are casting their eye over proposed mines they could invest in, lithium mining executives told a conference in Western Australia.
Alan Rule, chief financial officer of lithium miner Galaxy Resources, said he had recently had meetings with some of the biggest traditional car manufacturers in the world about whether the product from its proposed Sal de Vida and James Bay projects would meet their specifications.
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