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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador10/16/2021 9:50:57 AM
   of 13798
 
Brazil-based Volkswagen Truck & Bus announced Friday an accord with Brazilian niobium miner CBMM to develop fast-charging lithium batteries for use in electric vehicles.

Incorporating niobium into lithium-ion batteries can reduce charging time from more than six hours to less than 10 minutes, according to CBMM, the world’s largest producer of the metal.

Brazil accounts for 98 percent of global active reserves of niobium, whose relative scarcity makes it a rare earth

laprensalatina.com
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