Technical FAQs 4

Which countries can provide a low-risk battery supply to the EU?

Australia and Canada are the two countries with the greatest potential to provide additional and low-risk supply to the EU for almost all battery raw materials. Enhancing circularity along the battery value chains has potential to decrease EU’s supply dependency.

What are the future prospects for lithium & lithium in 2022-2023?

Deficits in the short term are expected for lithium in 2022-2023 (Figure 2). Shortages are also probable for graphite, manganese and nickel supply as the global market balance will remain very tight between now and 2024 for graphite, until 2025 for manganese and up to the end of the decade for nickel.

Will the EU be reliant on battery raw materials?

However, it is likely that the EU will be import reliant to various degrees for primary and processed (batt-grade) materials. Australia and Canada are the two countries with the greatest potential to provide additional and low-risk supply to the EU for almost all battery raw materials.

Will the EU expand its battery production base over 2022-2030?

The EU is expected to expand its production base for battery raw materials and components over 2022-2030, and improve its current position and global share. However, dependencies and bottlenecks in the supply chain will remain creating vulnerabilities.

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