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The Future of Mining in the EU
In the last year, battery grade lithium carbonate has increased in price by 290%. Coal is up 20%, cobalt is up 116%, copper is up 23,. oil, West Texas intermediate, 53% aluminum is 30%. For the first time next year in 2022, what we're going to see is actually a stalling out battery prices. How do you continue to encourage electrification when the price of a battery, which is 30% of the cost of a car, is not falling anymore?