30
Nov
Portugal’s Lusorecursos in talks to fund 400 mln euro lithium project (Reuters)
Portuguese mining company Lusorecursos said on Wednesday it was negotiating a 400 million euro funding deal with several international players as it gears up to explore for lithium in the country’s northern region.
Portugal is Europe’s biggest lithium producer, but its miners sell almost exclusively to the ceramics industry and are only now preparing to produce the higher-grade lithium that is used in electric cars and to power electronic appliances.
