by Joanne Hart
Sovereign Metals #SVML has rights over a 600 square mile site, which contains the world’s largest rutile deposit
Electric car sales have been bumpy of late. Consumer enthusiasm has been muted and forecasters have been forced to dampen expectations for this year.
Over time, however, these vehicles are still predicted to become a major feature of our roads, as car-makers increasingly move away from traditional motors and ramp up production of their electric equivalents.
Lithium is a critical ingredient of the batteries that power most electric vehicles. But they also need graphite, and today, more than 80 per cent of the world’s graphite is mined and processed in China. This is a problem.
Link here to read the full article on the Mail on Sunday website