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Standard: EU wants more lithium, first-rate deposits in Serbia


Vesti online

40–51 minutes

  _____  

According to data from the European Commission, the demand for lithium in the 
Union is expected to increase 12 times by 2030, which will also increase its 
price, writes the Viennese daily "Standard", as reported by Vesti online. 

Lithium exists not only in Australia, China, and Chile but also in Europe - in 
Spain, Portugal, Finland, Germany, Serbia, and Austria. These deposits are 
intended to help the EU gain new independence in lithium supply in the future 
and thus advance the energy transition. 

But it is not only since the recent reopening of the Rio Tinto mine in Serbia - 
where one of the largest lithium deposits in Europe is said to be located - 
that there has been resistance from the population to new mining projects, as 
several projects, including the one in Austria, have been repeatedly postponed 
in the last year, reminds Standard, asking the question - could the energy 
transition in the EU fail due to obstacles to mining lithium? 

Mining expert at the Mining and Metallurgical University of Leoben Michael Tost 
tells "Standard" that in the last few decades, Europe has massively reduced 
mining for economic reasons and handed it over to where it is cheaper. 

Countries like Australia, Chile, China, and Argentina, now produce more than 95 
percent of the world's lithium. 

It is a delicate addiction, because lithium is currently essential for the 
European energy transition, as without it the production of electric cars and 
most batteries is difficult to imagine. 

According to the International Energy Agency, battery production and increasing 
sales of electric cars will triple global lithium demand from 2017 to 2022. 
According to EC data, lithium demand in the EU is expected to grow by 2030. 

This, the paper adds, could also increase the price of lithium. 

In addition, geopolitical tensions continue to shake global raw material 
markets, threatening import into Europe. 

The EU has plans to return mining to Europe, which could cover 10 percent of 
its annual lithium consumption by 2030 and process at least 40 percent of the 
metal itself, while new lithium projects should be approved faster. 

The "Standard" notes that plans to expand new lithium mines in Europe have 
stalled almost everywhere. 

The example of northern Portugal is given, where enough lithium needs to be 
mined for half a million car batteries per year, and residents have been 
protesting the construction of the mine for years. 

The situation is similar in Serbia, where people have been taking to the 
streets for weeks against the planned lithium mine of the Australian-British 
company Rio Tinto, which the EU and Germany, together with the President of 
Serbia, Aleksandar Vučić, now want to push forward again after two years of 
stagnation. There are 30 million tons of lithium ore under Koralp in Carinthia, 
but the mining project of the Australian-American company 'European Lithium' 
has not moved for years. 

Projects are slowed down, and social acceptance is low, primarily by economic 
efficiency, says Tost, stating that not every site can be mined equally 
efficiently. 

"A distinction is made between Tier 1 and Tier 3 deposits. Tier 1 deposits are 
those where lithium can be mined in large quantities, over a long period, and 
at low cost. Such mines are economical even with the low price of lithium of 
5,000 euros per ton", he stated. 

The Rio Tinto mine in Serbia is a Tier 1 deposit. 

In Tier 2 deposits, the price of lithium should not go below 25,000 euros per 
ton, making the company profitable. The price of a ton of lithium carbonate is 
currently around 15,000 euros per ton. The price fell by 80 percent last year 
after oversupply. 

"The lithium deposit under Koralp is a deposit of 2 to 3", says Tost who adds 
that this is one of the reasons why it is difficult to find investors for the 
project. 

Most deposits in the EU are Tier 2 to Tier 3 deposits, and their mining is 
usually associated with much higher risk than Tier 1 deposits. 

However, the analysis states, that social acceptance plays an important role. 

"In Serbia, for example, residents fear the mine could pollute the soil, 
rivers, and drinking water. Some farmers around the mine also fear 
expropriation. And at the Koralp lithium project in Austria, some people are 
also worried about the drinking water if the springs dry up due to blasting," 
adds "Standard". 

Tost points out that "there are always rumors and misconceptions about lithium 
mining". 

"For example, there are no radioactive materials during mining. The idea that, 
for example, the landscape around the mine in western Serbia will ultimately 
resemble a lunar landscape, because it is an underground mining operation in 
which cavities under the ground are filled with residual material after mining, 
is also wrong. Efforts have been made to make mining as invisible as possible. 
But, in the end, every mining operation impacts the environment," he says. 

However, some companies are already working on methods to extract lithium in a 
more environmentally friendly way in the future. 

Vulcan Energy, for example, extracts lithium from the Oberrheingraben by 
pumping hot thermal water that contains lithium. There, the lithium is 
extracted by a special process and the heat is reused for heating or 
electricity generation. 

The company plans to produce enough lithium to power 500,000 electric cars 
annually from 2027. 

Alternatives such as sodium-ion batteries that do not require lithium may also 
become more important. 

"Sodium-ion batteries are very promising and are very close to 
commercialization," Markus Jahn, a battery expert at the Austrian Institute of 
Technology, told "Standard". 

The only drawback is that the energy density is not as high as that of 
lithium-ion batteries, so with the same battery size, electric cars with 
sodium-ion batteries have a shorter range than those with lithium-ion 
batteries. 

Jan predicts that lithium will continue to play a dominant role in batteries 
for at least the next five to 10 years – and will be used for several years 
longer even with good alternatives. 

This makes recycling of raw materials even more important. 

By 2030, the European Union wants to get 15 percent of its lithium needs from 
recycling. 

"Recycling efficiency is currently not nearly as high as, for example, 
lead-acid batteries," notes Jan. 

The problem is that there is currently no standardized recycling because 
batteries are also not standardized. 

“There are many different types of batteries and different cell chemistries. It 
also greatly reduces the efficiency of recycling. In the future, it will become 
easier to disassemble electric car batteries from the battery cell to the whole 
battery. Then it's also possible to recover 60 to 70 percent of the lithium and 
ultimately maybe save opening one or two additional lithium mines," says Jan. 

 

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