Europe’s first rare-earth magnet plant has opened in Estonia, aiming to supply over a million EVs and reduce the EU’s reliance on China.
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Savannah Resources has raised lithium reserves at its Barroso project by 40%, reinforcing its strategic role in Europe’s EV supply chain.
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Savannah Resources has rejected claims that Portuguese authorities violated international law during the approval of its Barroso lithium project, citing clarifications from national agencies and reaffirming legal compliance throughout the licensing process.
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France's EMILI project, home to Europe's largest lithium deposit, just got a major boost. A recent pre-feasibility study revealed higher-than-expected lithium grades, doubling the project's lifespan from 25 to 50 years. This development, hailed by French Minister of Industry and Energy Marc Ferracci, solidifies EMILI's role as a cornerstone of Europe's energy transition and a key to achieving lithium production sovereignty.
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At a high-level summit in Beijing, the European Union acknowledged China’s efforts to ease restrictions on rare earth exports, a move that had threatened key European industries. The curbs, imposed in April amid tensions with the U.S., disrupted supplies critical to sectors like defense and clean energy.
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