Only a tiny part of the Galinée property has been explored for lithium to date, according to Azimut.

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity.

Morocco is rich in phosphate resources, key to making LFP cells.

The company also plans to discuss copper and lithium with the Saudi Arabia mining minister in Chile next month.

Italy estimates it can domestically source 16 of the 34 raw materials considered critical by the European Union.

The 54 firms from 10 countries submitted statements of interest to develop 88 projects.

Chinese Premier Li Qiang visited a lithium processing plant in resource-rich Western Australia state on Tuesday.

Efforts are part of India's membership under the US-led Minerals Security Partnership (MSP), which New Delhi joined last year to ensure critical minerals supply.