| ▲ | b65e8bee43c2ed0 a day ago |
| Europe has no (meaningful amounts of economically viable to extract) lithium either. |
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| ▲ | philipkglass a day ago | parent | next [-] |
| "Lithium mining commences in Finland" https://www.electrive.com/2026/02/12/lithium-mining-commence... This week, the first spodumene vein was blasted from the rock at the open-pit mine in western Finland, marking the occasion with a ceremonial event attended by invited guests and media. |
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| ▲ | helsinkiandrew a day ago | parent | prev [-] |
| Europe has massive lithium reserves in Germany, Serbia, Portugal and ukraine but perhaps more importantly it also has friendly relations with other countries with reserves |
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| ▲ | b65e8bee43c2ed0 a day ago | parent [-] | | if those reserves were economically viable to extract, they would be already being extracted. | | |
| ▲ | legulere a day ago | parent | next [-] | | Like this? https://www.thinkgeoenergy.com/vulcan-energy-achieves-drilli... Economic viability depends on many things, lithium prices have been pretty volatile in the past, battery production in Europe as customers are just scaling up. | | | |
| ▲ | helsinkiandrew a day ago | parent | prev | next [-] | | Everything depends on demand. Much of US shale oil hasn’t been economical to extract at times in the past decade. If oil drops below $60 most of the newer basins are not profit making. If oil demand (or OPEC) pushes oil below $35 the rest of US oil isn’t economical. | |
| ▲ | stavros a day ago | parent | prev [-] | | Prices change. |
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