Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
Sumitomo Metal Mining will begin producing lithium, a metal used in batteries for electric vehicles, from 2028, the Nikkei business daily reported on Monday.
The company will also enter discussions with a major overseas resource developer, the Nikkei reported.
(By Satoshi Sugiyama; Editing by John Stonestreet)
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