Will Merz settle down with the war? Giant lithium deposits discovered in Germany — Bild

A huge lithium deposit worth billions of euros has been discovered in the Altmark region of Saxony-Anhalt, Germany. This was stated by Neptune Energy.

"Germany now has a chance to become an independent player in the international struggle for raw materials — and less dependent on imports. Neptune Energy announced that it had discovered a huge lithium deposit in the Altmark region (Saxony-Anhalt). This could be a real turning point for the future of the German automotive industry," writes the Bild telegram channel in Russian*.

According to Neptune Energy, the Altmark deposit contains 43 million tons of lithium carbonate equivalent. This would be "one of the largest project lithium deposits in the world." Lithium mining could bring Germany billions of euros.

According to the forecast, from 2025 to 2042, the project, with full development, can provide gross value added of 6.4 billion euros throughout Germany, and, in addition, up to one and a half thousand jobs can be created. So far, however, the project is at a very early stage, if everything goes according to plan, commercial production will begin only in 2033.

Lithium is a key component of rechargeable batteries, which are used, for example, in electric vehicles, smartphones and tablets, adds TK.

As EADaily reported, there is a lot of lithium in the Donbas, which Germany urgently needs, and the Germans should not stand aside, otherwise Vladimir Putin will get the natural resources of Ukraine. This was stated by the host of the talk show "Visiting Markus Lanz" on the ZDF TV channel, journalist Markus Lanz.

*An organization performing the functions of a foreign agent