archivemine

Banking

Bolivia’s Arce open to EU lithium tie-ups to rev battery metal output

Bolivia's President Luis Arce addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Sept 20 (Reuters) - Bolivia is open to tie-ups with European and other global companies for lithium exploration and extraction provided they adhere to the country’s conditions, president Luis Arce said on Wednesday."We are open to any company that wants to come to Bolivia, but the conditions are clear," Arce told Reuters in an interview, adding that his country wants to participate...
Money

Europe’s mining quest faces a hurdle: angry locals

COVAS DO BARROSO, Portugal, Sept 13 (Reuters) - In Portugal's northern Barroso region, Maria Loureiro weeps at the prospect of losing her family's land to a mine that could become one of Europe's biggest producers of lithium, used in electric vehicle batteries and other clean technologies."I don't want them to take away what has been left to me by my parents and grandparents," 55-year-old Loureiro said. "I don't want the mine ... I will fight it to the death."She is among local activists in Portugal and elsewhere whose determination to...
Funds

Analysis: A year on, Europe less fearful of U.S. green subsidies push

Inflation Reduction Act raised fears of investment shift to U.S.EU decision to relax state aid rules has helped ease fearsEU working on more legislationCritics say EU legislation favours big states, big companiesBRUSSELS, Aug 17 (Reuters) - When the United States launched its massive green subsidies push a year ago, many in Europe feared it would be a fresh blow to their regional economy grappling with the knock-on effects of war in Ukraine and lingering aftershocks of the COVID-19 pandemic.Yet while critics argue the European Union has yet to offer a...
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