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IBU-tec advanced materials AG and the Anglo-Norwegian mining company Norge Mining Ltd. have signed a strategic cooperation letter of intent. With this agreement, IBU-tec will have access to the largest phosphate reserves in the world. IBU-tec sustainably secures raw materials for the production of battery materials as part of its long-term growth strategy.
IBU-tec advanced materials AG and the Anglo-Norwegian mining company Norge Mining Ltd. have signed a strategic cooperation letter of intent. With this agreement, IBU-tec will have access to the largest
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Critical raw materials like lithium, rare earths and graphite are in high demand, but in most places they're not readily available. A team of geologists is working to find them in northern Europe - to allow the EU to be less dependent on China.
Neither the creation of a circular economy nor any other single measure alone won’t offer a silver bullet solution to the rising demand of critical raw materials (CRMs), argues Frank Umbach.