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International Business Times
International Business Times
Business
Lea Pernelle

German Lithium Plant Hopes To Turbo-charge Europe's EV Makers

A sample of lithium chloride (Credit: AFP)

Electric vehicles need batteries, and most batteries are made with lithium, a critical material European automakers are chasing as they face tough competition from China.

Now an Australian firm says it can help, with a refinery in Germany set to extract the sought-after mineral from briny underground water deep below a town near the French border.

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