Sweden seeks lithium tie-ups in South America amid ‘white gold’ rush

Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the "white gold" metal that is key for the batteries that power electric vehicles.

A senior trade official from the Scandinavian nation told Reuters by phone that firms in Sweden – which is making a push in such batteries is home to global car brand Volvo – were looking for alliances with regional lithium and copper producers.