Solar panel market penetration requires hundreds of millions oz. more silver production, VRIC hears.

Northvolt AB became the first European firm to start commercial shipments to a carmaker last week.

The property covers 40 sqkm and has a resource estimate of 65.5 million tonnes grading 17.2% graphitic carbon.

The agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create new supply.

EV sales in Australia are soaring — led by the almost-ubiquitous Tesla Model 3 — and more brands and models are arriving in the market.

The sector will require $7 billion of investment each year from now until 2028, Benchmark Mineral Intelligence said in a report.