{"id":1120001,"date":"2019-06-07T13:50:49","date_gmt":"2019-06-07T13:50:49","guid":{"rendered":"http:\/\/www.mining.com\/?p=992325"},"modified":"2019-06-07T13:50:49","modified_gmt":"2019-06-07T13:50:49","slug":"sweden-eyes-peruvian-lithium","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1120001","title":{"rendered":"Sweden eyes Peruvian lithium"},"content":{"rendered":"<p>Sweden\u2019s Deputy Minister of Foreign Trade and Promotion Niklas Johansson said this week that his country is interested in helping Peru develop its lithium mining industry.<\/p>\n<p>According to Johansson, Sweden has become lithium-thirsty due to an increase in demand for electric cars, bolstered by government efforts to reduce carbon emissions and promote clean energy solutions.<\/p>\n<p>EVs\u2019 batteries have an intercalated lithium compound as one electrode material.<\/p>\n<p><q class='pullQuote-right'>Experts <a href=\"http:\/\/www.mining.com\/lithium-expert-dismisses-oversupply-forecasts\/\"  rel=\"noopener\">predict<\/a> that the mining industry will need\u00a0to invest $12 billion within five years to meet the global demand for lithium<\/q><\/p>\n<p>Even though Peru is not part of the so-called \u2018Lithium Triangle\u2019 formed by Bolivia, Chile and Argentina, just a year ago Macusani Yellowcake, the Peruvian subsidiary of Canada\u2019s Plateau Energy Metals (TSX-V: PLU), found <a href=\"http:\/\/www.mining.com\/peru-unit-plateau-energy-finds-one-worlds-largest-lithium-resource\/\"  rel=\"noopener\">2.5 million tonnes of high-grade lithium<\/a> resources at its Falchani hard rock deposit in the southern Puno region.<\/p>\n<p>According to <a href=\"http:\/\/www.mining.com\/web\/peru-president-expects-lithium-uranium-mining-laws-passed-6-months\/\"  rel=\"noopener\">Reuters<\/a>, companies such as US-based Albemarle, the world\u2019s No. 1 producer of the metal, and China\u2019s Tianqi Lithium, the No. 3, may be waiting for Plateau to confirm the size of its reserves before showing their interest in Peru.<\/p>\n<p>Sweden doesn\u2019t seem to be waiting, though. Speaking in Lima at a conference called \u201cMining for the future: The Swedish experience,\u201d which was organized by the embassy of the European country and the mining division of the Engineers College of Peru, Johansson said that the lithium demand from companies such as Volvo and Scania is in an upward trend and that Swedish miners are eager to develop responsible and sustainable lithium projects.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/sweden-eyes-peruvian-lithium\/\">Sweden eyes Peruvian lithium<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Sweden&#8217;s Deputy Minister of Foreign Trade and Promotion, the country has become lithium-thirsty due to an increase in demand for electric cars.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/sweden-eyes-peruvian-lithium\/\">Sweden eyes Peruvian lithium<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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