At the beginning of June 2021, during a meeting with Spanish businesspeople organized by the Portuguese-Spanish Chamber of Commerce, the Portuguese Prime Minster António Costa urged his neighbors to work on jointly exploiting the potential of plentiful lithium reserves found on the Iberian Peninsula. As Luis Ini reports from Madrid, his words reflect an increasingly evident reality: the need to achieve autonomy in the field of energy, especially in energy storage.
An artist’s impression of the San José Valdeflórez mine which is planned for outside the town of Cáceres in western Spain. The project is expected to produce its first lithium hydroxide by the end of 2025, though a representative of operator Extremadura New Energies said recently that the project “is currently at an initial stage, and the administrative process has not yet started.”
Image: Infinity Lithium
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